119-hr-5598119th CongressWALLET

Revitalizing Rural Communities Act of 2025

Sponsored By: Representative Nunn, Zachary [R-IA-3]

In Committee

Summary

Increases and extends funding for the Rural Economic Development Loan and Grant Program. This bill would raise the program's annual authorization from $10 million to $12 million and set that higher level for fiscal years 2026 through 2030, making more loan and grant dollars available to rural electric utilities and local economic development projects while not changing eligibility or program rules.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More loan funding for rural businesses

If enacted, this bill would amend the Rural Electrification Act to authorize $12 million each year for the Rural Economic Development Loan and Grant Program for fiscal years 2026 through 2030. That is $2 million more per year than the prior $10 million annual authorization for fiscal years 2019–2023. The change would increase the program's available loan and grant authority to help rural businesses, cooperatives, and local projects. Congress would still need to appropriate the money before loans or grants increase.

Sponsors & CoSponsors

Sponsor

Nunn, Zachary [R-IA-3]

IA • R

Cosponsors

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 9/26/2025

  • Rep. Vindman, Eugene Simon [D-VA-7]

    VA • D

    Sponsored 10/14/2025

  • Rep. Neguse, Joe [D-CO-2]

    CO • D

    Sponsored 12/18/2025

  • Rep. McDonald Rivet, Kristen [D-MI-8]

    MI • D

    Sponsored 12/18/2025

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 2/2/2026

Roll Call Votes

No roll call votes available for this bill.

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