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LMR_October FINAL 2018

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Partner Insight<br />

Rural Development<br />

USDA PROVIDES RESOURCES TO HELP RURAL COMMUNITIES THRIVE<br />

BY USDA RURAL DEVELOPMENT STATE DIRECTOR DR. CARRIE CASTILLE<br />

USDA works every day to strengthen rural communities<br />

throughout the state. For many municipalities seeking<br />

funding opportunities, federal regulations can be the<br />

downfall for innovation and economic opportunities.<br />

USDA is committed to removing regulatory red tape that<br />

often is a barrier to rural prosperity. A plan to streamline<br />

program regulations and procedures to help increase<br />

access to capital in rural areas is in the works.<br />

In 2020, USDA will allow<br />

lenders to use the same<br />

application form for<br />

four Rural Development<br />

(RD) loan guarantee<br />

programs that provide<br />

funding for business<br />

development, infrastructure<br />

improvements, and<br />

essential community<br />

services. The Community<br />

Facilities Guaranteed Loan<br />

Program, the Water and<br />

Waste Disposal Guaranteed<br />

Loan Program, the Business<br />

and Industry Loan Guarantee Program and the Rural<br />

Energy for America Program will consolidate regulations<br />

to enhance customers experience. Lenders can apply<br />

online to better align modern lending practices,<br />

accelerate approval processes, increase capital to start<br />

and expand businesses, and build critical infrastructure.<br />

For more information, please see page 45091 of the<br />

Sept. 5 Federal Register.<br />

USDA also unveiled a new webpage featuring<br />

information about the importance of rural<br />

e-Connectivity and the ways the U.S. Department of<br />

Agriculture (USDA) is investing to help deploy highspeed<br />

broadband infrastructure in rural America.<br />

Reliable and affordable high-speed internet<br />

e-Connectivity acts as a catalyst for rural prosperity by<br />

enabling efficient, modern communications between<br />

rural American households, farms, ranches, businesses,<br />

schools, and health care centers. Yet, according to the<br />

Federal Communications Commission, 80 percent of the<br />

24 million Americans who lack broadband access live in<br />

rural areas and on tribal lands.<br />

USDA plays a key role in helping rural communities<br />

bridge this infrastructure gap<br />

through program investment,<br />

strategic partnerships, and<br />

Dr. Carrie Castille<br />

best practice implementation<br />

by investing in rural<br />

telecommunications infrastructure. This new website will<br />

give direct access to information on our decades-long<br />

programs that offer more than $700 million per year<br />

for modern broadband<br />

e-Connectivity in rural<br />

communities. In the coming<br />

months, USDA will almost<br />

double these longstanding<br />

programs with an<br />

additional $600 million to<br />

expand rural broadband<br />

infrastructure in unserved<br />

rural areas and tribal lands.<br />

As we are working to set<br />

up the new pilot program,<br />

USDA wants to hear the<br />

thoughts and needs of<br />

Americans living and<br />

doing business in rural communities. The new website<br />

includes a feedback form for the public and interested<br />

stakeholders to provide input on the design and<br />

requirements of the new pilot program.<br />

USDA is working to help expand economic opportunities<br />

and rural prosperity throughout Louisiana. As leaders in<br />

your communities, your guidance for change is extremely<br />

important. Please contact me, carrie.castille@la.usda.gov<br />

or (318) 473-7921, to let us know how we can help.<br />

<strong>LMR</strong> | <strong>October</strong> <strong>2018</strong> Page 15

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