Capital Funding for Rural Healthcare – Funding & Opportunities

New Markets Tax Credit (NMTC) Program Inactive
Tax incentives for investments in business and economic development projects in distressed rural and urban counties, including capital investments in healthcare facilities. Investors give to Community Development Entities who then offer low-interest financing to businesses; in return for their investment, investors receive a tax credit against their federal income tax.

Small Ambulatory Program for American Indians and Alaska Natives Inactive
Funding to construct, expand, and/or modernize tribal owned small ambulatory healthcare facilities. Facilities must serve American Indian and Alaska Natives and be operated pursuant to a healthcare services contract or compact entered into under the Indian Self-Determination and Education Assistance Act.

Inflation Reduction Act - Grants to Facilitate the Siting of Interstate Electricity Transmission Lines and Economic Development Inactive
Funding for interstate electricity transmission siting and permitting authorities or other types of state, local, or tribal governmental entities to support a wide range of projects that provide benefits targeted to the needs of impacted communities. Economic development projects may include broadband infrastructure, community facilities, affordable housing, and job training, among others.

Rural and Tribal Assistance Pilot Program Inactive
Grants to support transportation project development in rural and tribal communities that may lead to future applications to U.S. Department of Transportation credit and grant programs. Funding can support legal, technical, and financial advisors to help advance infrastructure projects.

Delta Health Care Services Grant Program Inactive
Grants to address unmet health needs in the Delta Region through cooperation among healthcare professionals, institutions of higher education, research institutions, and other entities.

Small Rural Hospital Improvement Program (SHIP) Inactive
Provides funding to small rural hospitals, through their State Office of Rural Health, to help them do any or all of the following: purchase equipment or training to attain value-based payment and care goals; join Medicare Shared Savings Program or become an accountable care organization; and purchase health information technology, equipment, or training.

Community Economic Development Focus on Energy Communities Inactive
Grants for projects aimed at business development opportunities and creating employment for low-income individuals located in energy communities that have experienced employment loss and/or economic dislocation because of declines in the fossil fuel industry and/or are disproportionately reliant on fossil fuel energy production or distribution. Bonus points are given to projects that create jobs in rural and tribal communities.

Rural Broadband Loans, Loan/Grant Combinations, and Loan Guarantees Inactive
Loans and loan guarantees to provide funds for the construction, improvement, and acquisition of facilities and equipment needed to provide broadband service in eligible rural areas.

Community Economic Development Focus on Social Enterprises Inactive
Grants to provide technical and financial assistance to support organizations willing to create or expand social enterprises that will work to reduce personal or community barriers and provide economic support through the creation of employment and business opportunities for individuals and families with low income. Bonus points will be given to projects that create jobs in rural communities and counties of persistent poverty.