The Rural Development Finance Corporation (RDFC) will grant up to $3,000 to LYREC member(s) in 2023 to be used to support community owned entities, non-profits, and community-based projects.
Eligible projects: Community owned businesses (cafe, grocery store, motel, other); community facilities (such as ambulance services, fire districts, recreation, hospital/clinic, community center, etc.); or community-based projects (such as school/youth projects, other) that benefit rural areas and lead to community betterment. RFDC does not provide funds for medical fundraisers or general operating costs.
Matching funds: $4 of other funds to every $1 of RDFC funds.
* Maximum/minimum grant amounts: The minimum grant amount is $500; the maximum is $3,000.
All grant applications must be returned to LYREC. You can email the grant applications to jamip@lyrec.coop.