In an effort to lay a new foundation for economic growth, the American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17, 2009. It was an unprecedented effort to jumpstart our economy, create and save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century.
The Recovery Act included measures to modernize our Nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need. Of the $40.7 billion in program-level Recovery Act funding obligated by the U.S. Department of Agriculture, Rural Development obligated more than $21.2 billion in program-level funding to administer through seven USDA programs.
|Business and Industry Guaranteed Loan Program (B&I):
|Broadband Initiatives Loan and Grant Program (BIP):
|Rural Business Enterprise Grant Program (RBEG):
|Community Facilities Loan and Grant Program (CF):
|Single Family Housing Direct Loan Program (SFHD):
|Single Family Housing Guaranteed Loan Program (SFHG):
|Water and Waste Disposal Loan and Grant Program (WWD):