The United States Department of Agriculture (USDA) and Bank of America announced today a relending program to provide more than $400 million in long-term, low-cost financing for community development financial institutions (CDFIs) working in impoverished rural and Native American communities. The Uplift America Community Facilities Relending Program will facilitate the construction of schools, health care centers, child care facilities and other much-needed services in communities with limited infrastructure development and persistent poverty.
USDA and Bank of America Partner to Launch Community Facilities Relending Program to Assist Impoverished Neighborhoods | Bank of America Newsroom
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