RCAC's revolving loan fund provides both financial assistance and training. RCAC's skilled staff and external partners deliver holistic solutions to complex community needs. In 2008, 61% of lending supported affordable housing and 39% supported community facilities including water/wastewater infrastructure, health care facilities and special needs housing. RCAC's services include:
- Access to Resources: Since 1988, the Loan Fund has helped rural nonprofit developers and government entities respond to the increasing demand for affordable housing and need for improved environmental infrastructure coupled with a dwindling supply of financing. RCAC leverages funds from foundations, religious organizations, banks, and government agencies for low-interest short-term loans, and for long-term bridge financing in affordable housing projects and community facilities.
- Technical Assistance: RCAC provides training in affordable housing and finance, nonprofit organizational development, drinking water, wastewater and solid waste systems, and rural comprehensive community development. We train organizations directly and at conferences.
- Networking and Advocacy: Due to size and isolation, rural communities often have difficulty finding resources to solve problems. RCAC helps form rural networks by strengthening the relationships among rural communities and local, state, and federal agencies.
Investments by institutions such as Calvert Foundation provide lending capital to RCAC.