Innovation Matters Funding Opportunities February 23, 2026

Funding Opportunities for Infrastructure

Community Facilities Direct Loan Program
U.S. Department of Agriculture
USDA Rural Development provides affordable funding to develop essential community facilities in rural areas. Projects include fire and rescue stations, town halls, health care clinics and hospitals. Application deadline: Open

Rural StreetCommunity Facilities Guaranteed Loan Program
U.S. Department of Agriculture
USDA Rural Development provides loan guarantees to eligible lenders to develop essential community facilities (CF) in rural areas. Examples of community facilities include health care facilities, buildings like town halls, and public safety facilities such as fire departments. Application deadline: Open

Electric Infrastructure Loan & Loan Guarantee Program
U.S. Department of Agriculture
USDA Rural Development provides insured loans and loan guarantees to nonprofit and cooperative associations, public bodies, and other utilities. Insured loans primarily finance the construction of electric distribution facilities in rural areas. Application deadline: Open

Water & Waste Disposal Loan & Grant Program
U.S. Department of Agriculture
USDA Rural Development provides funding for clean and reliable drinking water systems, sanitary sewage and solid waste disposal, and storm water drainage to households and businesses in eligible rural areas. Application deadline: Open

Competitive Affordable Housing Program (AHP)
Federal Home Loan Bank Des Moines
The program encourages partnerships between our member financial institutions and local housing providers (sponsors) to secure funds for the purchase, construction or rehabilitation of affordable homeownership or rental housing units. FHLBDM serves AK, IA, ID, HI, MN, MO, MT, ND, OR, SD, UT, WA, WY and the US Territories of American Samoa, Guam and the Mariana Islands. Application deadline: 5/1/2026

Funding Opportunities Supporting
Community and Economic Development

Business and Industry Guaranteed Loan
U.S. Department of Agriculture
USDA Rural Development provides loan guarantees to commercial lenders for loans to eligible rural businesses. Application deadline: Accepted from lenders year-round.

Timber Production and Expansion Guaranteed Loan Program (TPEP)
U.S. Department of Agriculture
USDA Rural Development provides financial support to qualified lenders whose loan applicants want to establish, reopen, expand, or improve a sawmill or other wood processing facility that process ecosystem restoration byproducts from USDA Forest Service National Forest System lands. Application deadline:  Accepted until funds are expended.

Water and Waste Disposal Pre-development Planning Grants
U.S. Department of Agriculture
USDA Rural Development offers grants to help eligible low-income, rural communities plan and develop applications for the Water and Waste Disposal loan/grant and loan guarantee programs. Application deadline: Open

Agriculture and Food Research Initiative Strengthening Agricultural Systems
National Institute of Food and Agriculture
The long-term goal of the Strengthening Agricultural Systems (SAS) Notice of Funding Opportunity (NOFO) is to help transform the U.S. food and agricultural system to increase agricultural production while enhancing farmer prosperity. Application deadline: 3/26/2026

Veterinary Services Grant Program
National Institute of Food and Agriculture
The purpose of the Veterinary Services Grant Program (VSGP) is to relieve veterinarian shortage situations and support veterinary services. There are two types of grants for VSGP: Education, Extension, and Training (EET) and Rural Practice Enhancement (RPE). Application deadline: 4/16/2026

openRural Economic Development Loan & Grant Programs
U.S. Department of Agriculture
USDA Rural Development provides funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. Application deadline: 3/31/2026