USDA Community Facilities Loans

USDA Community Facilities Loan (USDA CF Loans)

"The USDA CF Loan program provides affordable funding to develop essential community facilities throughout rural areas of the country. An 'essential community facility' is defined as a facility that provides an essential service to the local community for the orderly development of the community in a primarily rural area, and does not include private, commercial or business undertakings." - USDA

USDA Community Facilities Loan Uses

• Healthcare facilities such as hospitals, medical clinics, dental clinics, nursing homes, or assisted living facilities.
• Public facilities such as town halls, courthouses, airport hangars, or street improvements.
• Community support services such as child care centers, community centers, fairgrounds, or transitional housing.
• Public safety services such as fire departments, police stations, prisons, police vehicles, fire trucks, public works vehicles, or equipment.
• Educational services such as museums, libraries, or private schools.
• Utility services such as telemedicine or distance learning equipment.
• Local food systems such as community gardens, food pantries, community kitchens, food banks, food hubs, or greenhouses.

Information provided by USDA.gov.

USDA Community Facility Unique Terms

North Avenue Capital is in the business of bolstering community facilities defined by the USDA across the country. To do this, we offer competitive fixed-rate terms to universities, healthcare facilities, public safety offices, etc. who qualify. 

• Up to 40-year terms.
• Fixed rates available.
• Priority rates and terms for populations fewer than 15,000 and 10,000.