USDA Rural Development - Middle TN - Nashvillle

Description

Provides grants to help agricultural producers enter into value-added activities related to the processing and marketing of new products; and guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements.

Hours

Mon - Fri 8:00 am - 4:30 pm

Required Documents

See the funding announcement on Grants.gov for more information.

Eligibility

The Value-Added Producer Grant (VAPG) program helps agricultural producers enter into value-added activities related to the processing and marketing of new products. The goals of this program are to generate new products, create and expand marketing opportunities and increase producer income. You may receive priority if you are a beginning farmer or rancher, a socially-disadvantaged farmer or rancher, a small or medium-sized farm or ranch structured as a family farm, a farmer or rancher cooperative or are proposing a mid-tier value chain. Grants are awarded through a national competition. Each fiscal year, applications are requested through a notice published in the Federal Register and through an announcement posted on Grants.gov. Independent producers, agricultural producer groups, farmer- or rancher-cooperatives, and majority-controlled producer-based business ventures, as defined in the program regulation, are eligible to apply for this program. Rural Energy for America Program Renewable Energy Systems & Energy-Efficiency Improvement Guaranteed Loans and Grants provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Those eligible include: Agricultural producers with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas. NOTE: Agricultural producers and small businesses must have NO outstanding delinquent federal taxes, debt, judgment or debarment.

Fees

Applicants must provide at least 75% of the project cost if applying for a grant only. Applicants must provide at least 25% of the project cost if applying for loan, or loan and grant combination. Projects greater than $200,000 require a technical report. Energy efficiency projects require an energy audit or assessment.

Intake Procedure

Applications are accepted year-round at the local office.

Geography Served

Telephone Numbers

Description

Provides loans to repair, improve or modernize homes or remove health and safety hazards; provides grants to remove health and safety hazards.

Hours

Mon - Fri 8:00 am - 4:30 pm

Required Documents

Contact the office for details.

Eligibility

You must: live in an eligible area (enter your address on the website to see if you qualify); be the homeowner and occupy the house; be unable to obtain affordable credit elsewhere; have a family income below 50 percent of the area median income; for grants, be age 62 or older and not be able to repay a repair loan. Maximum loan is $20,000; maximum grant is $7,500; loans and grants can be combined for up to $27,500 in assistance

Fees

Loans can be repaid over 20 years; loan interest rate is fixed at 1%. Full title service is required for loans of $7,500 or more. Grants must be repaid if the property is sold in less than 3 years. If applicants can repay part, but not all of the costs, applicants may be offered a loan and grant combination.

Intake Procedure

Applications are accepted year round at each local USDA Rural Development office. Help is available with the application.

Geography Served

Telephone Numbers

Description

Provides grants to help agricultural producers enter into value-added activities related to the processing and marketing of new products; and guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements.

Hours

Mon - Fri 8:00 am - 4:30 pm

Required Documents

See the funding announcement on Grants.gov for more information.

Eligibility

The Value-Added Producer Grant (VAPG) program helps agricultural producers enter into value-added activities related to the processing and marketing of new products. The goals of this program are to generate new products, create and expand marketing opportunities and increase producer income. You may receive priority if you are a beginning farmer or rancher, a socially-disadvantaged farmer or rancher, a small or medium-sized farm or ranch structured as a family farm, a farmer or rancher cooperative or are proposing a mid-tier value chain. Grants are awarded through a national competition. Each fiscal year, applications are requested through a notice published in the Federal Register and through an announcement posted on Grants.gov. Independent producers, agricultural producer groups, farmer- or rancher-cooperatives, and majority-controlled producer-based business ventures, as defined in the program regulation, are eligible to apply for this program. Rural Energy for America Program Renewable Energy Systems & Energy-Efficiency Improvement Guaranteed Loans and Grants provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Those eligible include: Agricultural producers with at least 50 percent of their gross income coming from agricultural operations and small businesses in eligible rural areas. NOTE: Agricultural producers and small businesses must have NO outstanding delinquent federal taxes, debt, judgment or debarment.

Fees

Applicants must provide at least 75% of the project cost if applying for a grant only. Applicants must provide at least 25% of the project cost if applying for loan, or loan and grant combination. Projects greater than $200,000 require a technical report. Energy efficiency projects require an energy audit or assessment.

Intake Procedure

Applications are accepted year-round at the local office.

Geography Served

Telephone Numbers

Description

This program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant's repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.

Hours

Mon - Fri 8:00 am - 4:30 pm

Required Documents

Call the office for details.

Eligibility

A number of factors are considered when determining an applicant's eligibility for Single Family Direct Home Loans. At a minimum, applicants interested in obtaining a direct loan must have an adjusted income that is at or below the applicable low-income limit for the area where they wish to buy a house and they must demonstrate a willingness and ability to repay debt. Applicants must: Be without decent, safe and sanitary housing Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet Agree to occupy the property as your primary residence Have the legal capacity to incur a loan obligation Meet citizenship or eligible noncitizen requirements Not be suspended or debarred from participation in federal programs Properties financed with direct loan funds must: Generally be 2,000 square feet or less Not have market value in excess of the applicable area loan limit Not have in-ground swimming pools Not be designed for income producing activities Borrowers are required to repay all or a portion of the payment subsidy received over the life of the loan when the title to the property transfers or the borrower is no longer living in the dwelling. Applicants must meet income eligibility for a direct loan.

Fees

What is the interest rate and payback period? Fixed interest rate based on current market rates at loan approval or loan closing, whichever is lower Interest rate when modified by payment assistance, can be as low as 1% Up to 33 year payback period - 38 year payback period for very low income applicants who can’t afford the 33 year loan term No down payment is typically required. Applicants with assets higher than the asset limits may be required to use a portion of those assets.

Intake Procedure

Applications are accepted year round at the local office.

Geography Served

Telephone Numbers

Description

This program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant's repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.

Hours

Mon - Fri 8:00 am - 4:30 pm

Required Documents

Call the office for details.

Eligibility

A number of factors are considered when determining an applicant's eligibility for Single Family Direct Home Loans. At a minimum, applicants interested in obtaining a direct loan must have an adjusted income that is at or below the applicable low-income limit for the area where they wish to buy a house and they must demonstrate a willingness and ability to repay debt. Applicants must: Be without decent, safe and sanitary housing Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet Agree to occupy the property as your primary residence Have the legal capacity to incur a loan obligation Meet citizenship or eligible noncitizen requirements Not be suspended or debarred from participation in federal programs Properties financed with direct loan funds must: Generally be 2,000 square feet or less Not have market value in excess of the applicable area loan limit Not have in-ground swimming pools Not be designed for income producing activities Borrowers are required to repay all or a portion of the payment subsidy received over the life of the loan when the title to the property transfers or the borrower is no longer living in the dwelling. Applicants must meet income eligibility for a direct loan.

Fees

What is the interest rate and payback period? Fixed interest rate based on current market rates at loan approval or loan closing, whichever is lower Interest rate when modified by payment assistance, can be as low as 1% Up to 33 year payback period - 38 year payback period for very low income applicants who can’t afford the 33 year loan term No down payment is typically required. Applicants with assets higher than the asset limits may be required to use a portion of those assets.

Intake Procedure

Applications are accepted year round at the local office.

Geography Served

Telephone Numbers