NEWS RELEASE: Biden-Harris Administration Invests More Than $1.2 Billion in Rural Cooperatives to Increase Economic Opportunity and Advance Equity in Rural America

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US Department of Agriculture Rural Development - Together America Prospers
Biden-Harris Administration Invests More Than $1.2 Billion in Rural Cooperatives to Increase Economic Opportunity and Advance Equity in Rural America

Funding Advances President Biden’s Investing in America Agenda

DENVER, Co. Nov. 9, 2023 – U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA is investing more than $1.2 billion in loans and grants to spur economic development, catalyze rural prosperity and advance equity through rural cooperatives in 36 states and Puerto Rico. Last month, USDA celebrated its 59th annual National Cooperative Month and the vital role cooperatives play in helping people build bright futures in rural America.

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