Window on State Government - Susan Combs, Texas Comptroller of Public Accounts
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ARRA Grant and Loan Opportunities in Texas

The Comptroller's office has compiled information, links and dollar amounts for potential funding opportunities in the American Recovery and Reinvestment Act (ARRA). Funding opportunities include competitive grants, grants distributed through preexisting formulas and loan programs. Where possible, we have indicated the amounts available in Texas. Information is subject to change.

To apply: Please contact the administering agency or visit Grants.gov.
FAQs: has additional information on applying for grants and loans.

A printable version of the ARRA Grant and Loan Opportunities in Texas (PDF, 121 KB) is available in .pdf format.

Business & Economic Development

Business and Economic Development
Program
Title
Administrator Program Description Total Available
(millions)
Source Eligible
Entities
Type of
Assistance
Application
Deadlines
Community Development Block Grant Office of Rural and Community Affairs
512-936-6701 or 800-544-2042
Community Development Block Grant (Non-Entitlement): In non-entitlement areas, the state distributes grant funding. Non-entitlement areas are cities with populations of less than 50,000 (except cities that are designated principal cities of Metropolitan Statistical Areas), and counties with populations of less than 200,000. $19.5 State Cities and counties Competitive Grants TBD
Economic Development Assistance U.S. Department of Commerce, Economic Development Administration
512-381-8144
The program addresses a community need for assistance because of several circumstances: military base closures or other defense related loss of industry, declared disasters, international trade, long-term economic downturns, loss of a major employer or loss of manufacturing jobs. The recipients of the grants must develop a Comprehensive Economic Development System which analyzes the Regional economy and serves as a guide for establishing regional goals and objectives, developing and implementing a Regional plan of action, and identifying investment. Grant will not be more than 50 percent of the cost of the project. $50.0 Federal State, local, and tribal governments, institutions of higher education Indian tribes, private institutions, and non-profits Competitive Grants Ongoing
Farm Operating Loans U.S. Department of Agriculture, Farm Service Agency, Texas Branch
979-680-5151
Any farming or ranching establishment can apply for up to $300,000 in loans used for operating expenses like tractor equipment, seed, fuel, or chemicals. Loan terms vary depending on type of loan and what it is used for. About $120 million of the $173 million will go toward existing applications on backlog. $173.0 Federal Farmer and rancher proprietors, partnerships, and corporations with credit needs not being met by private sources Loan No deadline
Indian Community Development Block Grant U.S. Department of Housing and Urban Development
202-708-1112
This program provides funding for infrastructure and housing projects in Indian communities. Indian tribes, bands, groups, nations, tribal organizations, including Alaska Indians, Aleuts, Eskimo, and Alaska Native villages are eligible to apply. $10.0 Federal Tribal governments Competitive Grants TBD
Microloans Local Microlenders
800-827-5722
Increases loans to participants of the microloan program, which provides loans up to $35,000. Also provides $24 million in grants to those that make microloans for technical assistance to borrowers. $74.0 Federal Small businesses Grants and Loans Through 9/30/2010
Native American Loan Guarantees U.S. Department of the Interior, Bureau of Indian Affairs
202-208-5324
Native American Loan Guarantees
Indian Guaranteed Loan Program guarantees loans to stimulate Native American economies in which unemployment far exceeds the national average. Recognized tribes in Texas are the Tigua, Alabama & Coushatta, and Kickapoo.
$10.0 Federal Tribal governments or their lenders Loan guarantees (for economic development projects only) Through 9/30/2010
Neighborhood Stabilization U.S. Department of Housing and Urban Development
202-708-1112
Neighborhood Stabilization Program: This is a program that was created in 2008 to provide funds to local governments and to states with high levels of foreclosures for the purchase and rehabilitation of vacant housing. $1,980.0 Federal State and local governments, nonprofit entities Competitive Grants 7/17/2009
Public Works and Economic Development Facilities Program U.S. Department of Commerce, Economic Development Administration
512-381-8144
Supports the construction or rehabilitation of public infrastructure and facilities necessary to generate or retain private sector jobs and investments, attract private sector capital, and promote regional competitiveness, including investments that expand and upgrade infrastructure to attract new industry, support technology-led development, accelerate new business development, and enhance the ability of regions to capitalize on opportunities presented by free trade. $100.0 Federal Cities, state, institutions of higher education, district organizations, Indian tribes, private institutions, and non-profits Competitive Grants TBD
Rural Broadband, Telemedicine and Distance Learning U.S. Department of Agriculture, Rural Utilities Service (in partnership with National Telecommun- ications and Information Administration)
202-690-4673
Existing program with competitive grants, loans, and loan guarantees which will experience new funding in which there are no matching requirements. The applicants of the grants must be in an unserved or underserved area. The definitions of unserved and underserved are still being defined. The U.S. Department of Agriculture, The Federal Communications Commission and the National Telecommunications and Information Administration are holding a series of public meetings throughout March to develop the program guidelines. $2,500.0 Federal Local governments, businesses, and nonprofits Grants, loan and loan guarantees TBD
Rural Business Program Account: Rural and Industry Guaranteed Loan Program U.S. Department of Agriculture, Rural Business Cooperative Service (Regional Office)
254-742-9700
Any public or private entity with a private loan for rural economic or environmental development can apply for a USDA loan guarantee. Loans must be written for real estate, equipment, or working capital. Loan terms are negotiated between borrower and lender, and USDA guarantees up to 80 percent of loan amount, depending on loan size. A 2 percent fee is charged at beginning of guarantee, with an annual fee of 0.25 percent the loan balance; collateral and equity are required. $130.0 Federal Any public or private entity Loan guarantee No deadline
Rural Business Program Account: Rural Business Enterprise Grants U.S. Department of Agriculture, Rural Business Cooperative Service (Regional Office)
254-742-9700
Rural Business Program Account: Rural Business Enterprise Grants.
Rural public entities can receive grants for real estate, captial and infrastructure development that furthers adult distance learning and education. No maximum grant amount, and smaller projects get priority.
$20.0 Federal Any rural public entity, including Indian tribes and non-profits Competitive Grants No deadline
Rural Community Facilities Program Account U.S. Department of Agriculture, Rural Housing Service (Regional Office)
254-742-9700
The program guarantees loans to municipalities, counties, non-profits, and Indian Tribes used toward community facilities in areas with less than 20,000 residents. The borrower finds a private lender and the USDA guarantees up to 90 percent of the loan. $130.0 Federal Municipalities, counties, non-profits, and tribes in areas with population less than 20,000 Loan guarantee No deadline
Rural Housing Insurance Fund Program Account U.S. Department of Agriculture, Rural Housing Service (Regional Office)
254-742-9700
Rural residents earning up to 80 percent of the median area income are eligible for 30 or 33 year direct housing loans with no money down. Applicants must lack adequate housing and credit from the private sector, but must have reasonable credit histories. $1,000.0 Federal Rural residents earning up to 80 percent of area median income Direct loan No deadline
Rural Housing Insurance Fund Program Account U.S. Department of Agriculture, Rural Housing Service (Regional Office)
254-742-9700
Rural residents earning up to 115 percent of the median area income are eligible for loan guarantees on 30 year housing loans with no money down. Applicants must lack adequate housing and credit from the private sector, but must have reasonable credit histories. $436.6 Federal amount allocated to Texas Rural residents earning up to 115 percent of area median income Loan guarantee No deadline
Small Business Investment Companies Local Small Business Administration- licensed Small Business Investment Companies
800-827-5722
Raises the maximum provided to SBA-licensed Small Business Investment Companies (SBICs) to the lesser of three times the private capital raised by those companies or $150 million. Increases the percentage a SBIC can invest in a single small business to 10 percent of total capital. For small businesses with a net worth under $18 million and average after tax net income for the prior two years under $6 million, plus other restrictions. n/a Federal Small businesses Loans TBD
Small Business Loans Commercial Lending Institutions
800-827-5722
Raises the Small Business Administration’s loan guarantee from 85 percent to as much as 90 percent for some loans. $375.0 Federal Small businesses Loan guarantees Through 2/17/2010
Small Business Loans Certified development companies
800-827-5722
Permits a 504 Certified Development Company program to refinance existing loans for fixed assets. For small businesses with tangible net worth under $7.5 million and average net incomes under $2.5 million after taxes for preceding 2 years. Businesses engaged in speculation or investment in rental real estate are ineligible. n/a Federal Small businesses Loans TBD
Small Business Stabilization Loans Small Business Administration
800-827-5722
New SBA business stabilization loan program providing deferred-payment loans of up to $35,000 to viable small businesses that need to make payments on an existing, qualifying loan for up to six months. 100 percent guaranteed by SBA. Repayment would not have to begin until 12 months after the loan is disbursed. $255.0 Federal Small businesses Loan guarantees Through 9/30/2009
Small Business Surety Bonds Small Business Administration Office of Surety Guarantees The Seattle Area SBA Office administers the Surety Bond Program for Texas.
206-553-0961
Expands Surety Bond Program by raising amount that can be covered by an SBA guaranteed surety bond from $2 million to $5 million. These bonds are used by small businesses to bid on and obtain federal and other contracts. $15.0 Federal Small businesses Bond guarantees Through 9/30/2010
Technology Opportunities Program U.S. Department of Commerce, National Telecommunications and Information Administration
202-482-1880
The program supports demonstrations of new telecommunications and information technologies to provide education, health care, or public information in the public and non-profit sectors. Applicants are encouraged to collaborate. The criteria for the program have yet to be determined as this is a former program that is undergoing new rules. However, National Telecommunications and Information Administration will provide 80 percent of the funding and the recipient must provide the remaining 20 percent. $4,350.0 Federal State, local and tribal governments, health care providers, schools, libraries, police departments, and community- based non-profit organizations Competitive Grants Three rounds of funding, first notice up April - June 2009
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