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Rural Economic Development Fund

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  1. Member Services
  2. Community
  3. Rural Economic Development Fund

This program finances economic development and job creation projects in rural areas based on sound economic plans. Rural Economic Development Loans and Grants are available to any Rural Utilities Service electric or telecommunications borrower for the purpose of:

  • assisting in the development of rural areas from an economic standpoint
  • creating new job opportunities
  • helping retain existing employment

Loans at below-prime interest are made primarily to finance business startup ventures and business expansion projects. Grants are made to these telephone and electric utilities to establish revolving loan programs operated at the local level by the utility.

The revolving loan program facilitates rural development by providing needed capital:

  • to nonprofit entities and municipal organizations to finance community facilities which promote job creation in rural areas
  • for facilities which extend or improve medical care to rural residents
  • for facilities which promote education and training to enhance marketable job skills for rural residents

Projects should substantially benefit areas having a population of less than 2,500 residents.

Contact Western at 800-456-6720 for more information.

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  • My Account
    • Billing
      • Pay My Bill via eBiz
      • Ways to Pay Your Bill
      • Understanding Your Bill
      • Update Account Info
      • New Rates
      • Rate Tariffs
      • Winter Storm Uri
    • Payments
      • Cold Weather Rule
      • Deferred Payment Plan
      • Capital Credits
      • Avoiding Scams
      • Sales Tax Info
      • Prepay Power
    • Service
      • AMI Meters
      • Start/Stop Service
      • Outages & Emergencies
      • Rate Schedules/Tariffs
      • Mobile Apps
      • Communication Alerts
      • Solar and Wind
    • Help
      • FAQ
      • Prepay Power FAQ
  • Member Services
    • Community
      • Sharing Success
      • Youth Tour
        • Youth Tour Application
      • Revolving Loan Fund
      • Western Cares
      • Rural Economic Development Fund
      • Economic Development Projects
      • Operation Round-up
      • Kansas Country Living
      • Co-op Connections Card
      • Rebates
  • My Cooperative
    • About Us
      • Our Story
      • WCE History by Pat Parke
      • About WCE
      • Careers
      • Our Locations
      • By the Numbers
      • Contact Us
      • 75th Anniversary
      • The Cooperative Purpose
    • General Info
      • Board of Trustees
      • Board Meeting Minutes
      • Board of Trustees Process and Responsibilites
      • Co-op Bylaws
      • Annual Meeting
      • Articles of Incorporation
      • Rules & Regulations
      • Seven Co-op Principles
      • Our Partners
  • My Resources
    • Safety
      • Safety at Western
        • General Safety
        • Grain Bin Clearance
        • Lineworker Safety
        • Tree Trimming
      • Electrical Safety
      • Storm Center
      • Call Before You Dig
    • Education
      • Safety Demonstrations
      • Kids' and Teachers' Zone
      • Emergency Responders