$10 Billion Private Investment to Fund Jobs, Projects in Rural America

The White House Rural Council announced the creation of the new U.S. Rural Infrastructure Opportunity Fund that allows private entities to invest in job-creating rural infrastructure projects across the country. An initial $10 billion has been committed to the fund with greater investment expected to follow. Target investments will include hospitals, schools and other educational facilities, rural water and wastewater systems, energy projects, broadband expansion, local and regional food systems, and other rural infrastructure. The creation of the new fund was announced during the first-ever White House Rural Opportunity Investment Conference in Washington, D.C. The conference brought together business and financial community leaders, Administration and other government officials, rural development experts, and others to promote investment opportunities in America’s rural communities. Read more.