The USDA Rural Development Angleton Area Office, which provides service to Matagorda County, will be holding an office day on February 11, 2015 in Palacios. A representative of USDA Rural Development will be at the Palacios Chamber of Commerce office, 420 Main, Palacios, Texas, from 10:00 a.m. – 1:00 p.m. to provide information regarding the availability of loans and grants to assist residents and organizations.
Assistance available to rural residents can help with the purchase or construction of homes, through the agency’s direct and guaranteed programs, and can help with the repair and rehabilitation of homes. Interested individuals may contact the Angleton Area Office at (979) 549-0215 ext. 4, to set up an appointment.
Assistance is available through USDA Rural Development community programs and business and cooperative programs to enhance the quality of life for rural Texans. Community programs provide funds to governmental entities, nonprofit organizations and Indian Tribes to enlarge, improve or construct schools, libraries, medical clinics, assisted living centers, public buildings, community centers and fund new and improved water and wastewater facilities.
USDA Rural Development business and cooperative programs provide the needed capital to expand economic opportunities and development in rural areas throughout Texas by working with banks and community lenders. There is no minimum loan size and the maximum loan size is up to $25 million.
USDA Rural Development was created in 1994 and with a mission to use our resources to help enhance the quality of life for the nation’s rural residents. For more information regarding USDA Rural Development programs, please contact the Angleton office at (979) 549-0215, Ext. 4.