USDA’s Innovation Center is making it easier for rural America to qualify for funding from the Office of Rural Development’s $222 billion loan portfolio and $36.6 billion in fiscal 2018 appropriated funds. It’s all part of an administration push to create more rural jobs and boost economic growth.
Rural areas struggling with low commodity prices and a stalled farm bill are getting over $4 billion in new USDA grants and low-interest loans for new or upgraded water and sewer systems, electric power lines, and other essential infrastructure.
When House and Senate conferees meet today to hammer out a new farm bill, one urgent request comes from 306 organizations seeking $60 million a year in “permanent funding for the Local Agriculture Market Program (LAMP).”
The Trump administration’s task force on rural prosperity is calling for expanding broadband essential to improving the rural America by removing regulatory barriers and providing new incentives for private investment.