USDA Rural Development: A Portfolio with a Purpose Fiscal Year 2020 Funding

USDA Rural Development

Committed to growing the economy and preserving quality of life, USDA Rural Development (RD) is rural America’s steadfast partner in building prosperity. In Fiscal Year 2020, RD invested nearly $40 billion in more than 177,000 housing, business, and infrastructure projects in rural communities. The Agency invested more than $1.5 billion in telecommunication/e-connectivity loan and grant funding to support 2951 projects across the country. With a total loan portfolio of $234.4 billion, this Agency not only delivers affordable housing, access to capital for local businesses, and infrastructure in rural communities, it also creates opportunities for them to grow and attract high-quality jobs and commerce, because RD believes when rural America thrives, all America thrives.

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