Capital Funding for Rural Healthcare – Funding & Opportunities

Rural Health Care Program – Healthcare Connect Fund
Provides assistance to healthcare providers for eligible expenses related to broadband connectivity at a flat discounted rate of 65%. Participants can apply as a member of a consortium or a stand-alone entity.

SBA 7(a) Guaranteed Loans
Loan guarantees to financial institutions that provide loans to small businesses (including small healthcare practices) for working capital, equipment purchase, real estate purchase, building construction/renovation, business acquisition, and debt refinancing.

SBA Certified Development Company (504) Loan Program
Provides small businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. 504 Loans are potential options for healthcare practitioners who want to build a new office or expand/renovate an existing medical building.

Section 108 Loan Guarantee Program
Funding that provides communities with a source of financing for economic development, housing rehabilitation, public facilities, and physical development projects, including improvements to increase resilience against natural disasters.

Strategic Economic and Community Development Program
A program that allows USDA to give priority for projects that support the implementation of regional economic development plans through several USDA Rural Development funding programs.

Telecommunications Infrastructure Loans and Loan Guarantees
Loans and loan guarantees for the construction, maintenance, improvement, and expansion of telephone service and broadband in rural areas.

USDA Community Facilities Direct Loan and Grant Program
Direct USDA loans and/or grants to purchase, construct, enlarge, or improve essential community facilities for healthcare, public safety, education, and public services in rural areas.

USDA Community Facilities Guaranteed Loan Program
Loans from eligible private lenders, guaranteed by USDA, to help build essential community facilities in rural areas.

Community Economic Development Planning Grants Inactive
Funding for community development corporations to build administrative capacity to design a sustainable business project and package a competitive grant application. An application should be submitted in a Community Economic Development competition within 12 months of the end of the project period. Applications from rural areas, persistent poverty counties, and Native American communities are encouraged.

Rural Economic Development Loan and Grant Program (REDL and REDG) Inactive
Loans and grants to assist in the economic development of rural areas, including funds for healthcare facilities and equipment, telecommunications networks, and job creation projects.