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- EIN 75-1172307
- info@texasrural.org
- (512) 312-9029
- 168 Cimarron Park Loop Buda TX 78610-2800 USA
- www.texasrural.org
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Nonprofit Overview
Causes: Economic Development, Microfinance, Rural Economic Development
Mission: Texas Rural Communities, Inc. (TRC) makes a long-term commitment to assisting rural communities, individuals, groups and support organizations in creating, sustaining and enabling self-sufficient, viable rural development enterprises that improve or maintain the quality of rural life, through independent and cooperative ventures. TRC will accomplish its goals by providing loan opportunities in rural areas for individuals or groups who have had difficulty accessing funding through other sources.
Target demographics: TRC will offer loans for business start-ups and business expansions. Loans for commercial real estate as part of the business will also be considered.
Geographic areas served: Rural Texas
Programs: Rural development loans-loans are made to rural businesses in defined program areas that meet criteria established by the bod. Loans for the acquisition of farm and ranch real estate have been made independently by trc to the agricultural producer and also in cooperation with the farm service agency. In these participation loans, trc funds approximately half of the borrower's loan and receives first lien on the real estate with the fsa funding the remaining loan and receiving a subordinate lien.
grants and contribution programs-grants and contributions are made to assist rural communities, individuals, groups, and support organizations in creating, sustaining, and enabling self-sufficient, viable rural developments that improve or maintain the quality of rural life.