Rural capacity building for community development and affordable housing grants

The Department of Housing and Urban Development (HUD) awarded a $2,325,000 Project Grant under the Rural Capacity Building for Community Development and Affordable Housing Grants program (CFDA 14.265) to the Rural Community Assistance Corporation (RCAC). This grant enhances the capacity and ability of rural housing development organizations, Community Development Corporations (CDCs), Community Housing Development Organizations (CHDOs), local governments, and Indian tribes to carry out affordable housing and community development activities in rural areas benefiting low- and moderate-income families and individuals.

Through this grant, RCAC will provide training, education, support, technical assistance, loans, and other financial assistance to build the organizational infrastructure, management, and governance capabilities of these rural entities. RCAC has also received sub-awards under this grant program to increase the capacity of Spruce Root, Inc. in Alaska and Beartooth Resource Conservation And Development Area, Incorporated in Montana to support community and economic development initiatives in their respective regions.