Assistance Listing 10.854
Rural Economic Development Loans and Grants
Department of Agriculture · Rural Business Cooperative Service
Assistance Listing 10.854, “Rural Economic Development Loans and Grants,” is a federal program administered by Department of Agriculture. It provides grant and direct loan assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 2 closed opportunities under this listing. The agency reported $62.4M in obligations for fiscal year 2025.
Program objective
The Rural Economic Development Loan and Grant Programs provide funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. The ultimate recipients repay the lending utility directly. The utility then is responsible for repayment to USDA. USDA provides grants to local utility organizations which use the funding to establish Revolving Loan Funds (RLF). Loans are made from the revolving loan funds to projects that will create or retain rural jobs. When the revolving loan fund is terminated, the grant is repaid to USDA.
As published in the SAM.gov Assistance Listing.
Current opportunities under 10.854
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- Federally Recognized Indian/Native American/Alaska Native Tribal Government
- Small Business Person
To receive funding (which will be forwarded to selected eligible projects), an entity must be: A former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct or guaranteed loan. Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs. Current Rural Development Electric or Telecommunication Programs borrowers. Electric and telephone utilities that have current loans with the Rural Utilities Service (RUS), Rural Telephone Bank loans, or guarantees outstanding and are not delinquent on any Federal debt or in bankruptcy proceedings.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Reported obligations by fiscal year
Historical data · not a predictionRange and average of financial assistance (from the listing): While there is no minimum amount, the grants range from $25,000 up to $99,999. The max allowed is $100,000.
Source: SAM.gov Assistance Listing 10.854. Hatched bars are agency estimates. These totals do not indicate approval rates.Recently closed under 10.854
| Opportunity | Status | Award range | Closes | ALN |
|---|---|---|---|---|
Rural Economic Development Loan and GrantRural Business-Cooperative Service | Closed | Up to $2M | Jun 30, 2024 | 10.854 |
Rural Economic Development Loan and GrantRural Business-Cooperative Service | Closed | Up to $2M | Jun 30, 2023 | 10.854 |
Frequently asked questions
What is ALN 10.854?
10.854 is the Assistance Listing Number for “Rural Economic Development Loans and Grants.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 10.854?
The SAM.gov listing names these applicant types: Federally Recognized Indian/Native American/Alaska Native Tribal Government and Small Business Person. Each funding notice under the program sets its own eligibility, so check the specific opportunity.
How much funding does 10.854 provide?
The agency reported $62,361,437 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.