Our rural economic development loan program provides loans to Hancock-Wood at zero percent interest rates. We in turn pass along these funds and interest rates to businesses and non-profit corporations. Funds are used to encourage economic development and job creation within our service territory.

Our grant program is designed to establish a Hancock-Wood revolving loan fund that would be used for economic development in our area. Eligible recipients are for-profit, non-profit and public entities that desires to establish and maintain a zero interest revolving loan fund with us.

Program funds are derived from annual appropriations from Congress and are made available to us by the United States Department of Agriculture.