Department of Agriculture November 21, 2024 – Federal Register Recent Federal Regulation Documents

The Rural Business-Cooperative Service (RBCS or Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), invited applications for loans and grants under the Rural Economic Development Loan and Grant Programs (REDLG or Programs) for fiscal year (FY) 2025, subject to the availability of funding on August 23, 2024. The Rural Business-Cooperative Service (RBCS or Agency) now announces that the maximum loan amount awarded for applications competing in the Second, Third, and Fourth Quarter funding cycles of fiscal year (FY) 2025 will be lowered to $1 million.