Recent News
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Thursday, Oct 19, 2023Posted in: Press Release
American Express Awards RCAC $40,000 Grant for Housing Counseling
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) is pleased to announce that it has received a $40,000 grant from . . .
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Friday, Sep 29, 2023Posted in: CEO updates
CEO update: Let’s Talk 502
To the surprise and dismay of rural housing advocates and practitioners across the country, the Senate proposed an increase in 502 interest rates for very low-income borrowers who utilize this premier rural mortgage product, including Mutual Self Help families. I was in DC and met with USDA in late September and this was a primary topic. I want to share with you some of the facts on the 502 program, shared with the National Rural Housing Coalition by Bob Rapoza, and some data supporting the call for the 502 base interest rate remains at 1%.
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Thursday, Sep 28, 2023Posted in: Network News
Network News September 2023
In this issue: RCAC loan helps woman-owned organic farm flourish amid pandemic, La Jolla Potable Water Pipe Replacement Project, training highlights and more!
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