Rural economic development grants disaster (redg disaster) - grant

The Department of Agriculture Rural Business Cooperative Services awarded $300,000 to North West Rural Electric Cooperative on June 8, 2026, under the Rural Economic Development Loans and Grants program (CFDA 10.854). The award is classified as a Project Grant with a period of performance through June 8, 2028, and place of performance in Iowa.

North West Rural Electric Cooperative, a not-for-profit electric utility serving rural communities in Iowa, receives the grant to support rural economic development initiatives. Under the Rural Economic Development Loans and Grants program, USDA provides funding to eligible local utility organizations, which pass resources through to rural economic development projects. The program funds projects that promote rural economic development and job creation, including feasibility studies, business start-up assistance, and initiatives designed to generate economic opportunities in rural communities. Eligible recipients must be former Rural Utilities Service borrowers, nonprofit utilities eligible for Rural Development Electric or Telecommunication Programs assistance, current Rural Development program borrowers, or electric and telephone utilities with current RUS loans or Rural Telephone Bank loans that are not delinquent on federal debt or in bankruptcy.