Rural Community Development Initiative (RCDI) for Fiscal Year 2008

This Notice announces the availability of $6,255,900 of competitive grant funds for the RCDI program through the Rural Housing Service (RHS), an agency within the USDA Rural Development mission area herein referred to as the Agency. The intermediary will be required to provide matching funds in an amount at least equal to the RCDI grant. The respective minimum and maximum grant amount per intermediary is $50,000.00 and $300,000.00. These grants will be made to qualified intermediary organizations that will provide financial and technical assistance to recipients to develop their capacity and ability to undertake projects related to housing, community facilities, or community and economic development. The intermediary must provide a program of financial and technical assistance to a private nonprofit, community-based housing and development organization, a low-income rural community or a federally recognized tribe.

Current Closing Date for Applications: May 05, 2008 The application date and time are firm. The Agency will not consider any application received after the deadline. Applicants intending to mail applications must provide sufficient time to permit delivery on or before the closing deadline date and time. Acceptance by the United States Postal Service or private mailer does not constitute delivery. Facsimile (FAX) and postage due applications will not be accepted.
Archive Date: Jun 04, 2008
Funding Instrument Type: Grant
Category of Funding Activity: Community Development
Category Explanation:
Expected Number of Awards:
Estimated Total Program Funding: $6,255,900
Award Ceiling: $300,000
Award Floor: $50,000
CFDA Number: 10.446 -- Rural Community Development Initiative
Cost Sharing or Matching Requirement: Yes

http://www07.grants.gov/search/search.do?mode=VIEW&oppId=40607