The Rural Economic Development Loan and Grant (REDLG) Program is a federal loan and grant program designed to support rural economic development projects. Administered by the United States Department of Agriculture (USDA), the REDLG program provides zero-interest loans and grants to rural utilities and rural economic development organizations (EDOs) that re-lend funds to eligible rural businesses and communities for various development purposes.

The REDLG program aims to promote rural economic development by creating jobs, increasing rural access to capital, and supporting the growth of rural businesses. Eligible entities, including rural utilities and rural EDOs, can use the REDLG funds to provide low-interest loans, grants, and loan guarantees to small businesses, community facilities, and public entities for projects that create and retain jobs, stimulate rural economic activity, and improve the quality of life in rural communities.

The REDLG program provides loans and grants to eligible entities, which are then used to provide low-interest loans and grants to rural businesses and communities for projects such as:

• Business expansion and modernization
• Community development projects
• Infrastructure improvements
• Energy efficiency and renewable energy projects
• High-speed internet and broadband development

The USDA administers the REDLG program through its Rural Development mission area, which also oversees other rural development programs such as the Rural Business-Cooperative Service, the Rural Housing Service, and the Rural Utilities Service.