1. Providing services to rural communities since 1978 Rural LISC Symposium May 2016

2. Overview of RCAC Environmental Affordable housing Economic Development Community Development Financial Institution

3. Service area 13 western states and the Pacific Islands

4. RCAC’s mission RCAC provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC – creating opportunities in rural America

5. Mutual Self-Help Housing RCAC provides support and training to 60 Self-Help Housing Organizations Homebuilders use 502 direct loans Packaging built in to the program.

6. USDA 502 Packaging Intermediary Pilot Program now permanent Local nonprofits package loans RCAC trains and provides quality control Fee to packager Expedites approvals at USDA with “decision-ready” package. Very high approval rate

7. USDA 502 Packaging Intermediary RCAC began in 2010 Approved in 13 states Currently active in Oregon, Hawaii, Colorado, Wyoming, Utah 7 active packagers – 46 approved FY 15 – reviewed 115 packages FY 16 – reviewed 48 in 6 months

8. Training RCAC/ Neighborworks America/ HAC June Texas Association of Community Development Corporations Austin, TX June 14-16, 2016 Section 502 Training Packaging Training for Non-Profit Developers Housing Assistance Council Burlington, VT June 28-30, 2016 November 29 -December 1, 2016 Housing Assistance Council Washington DC

9. Contact Information For additional information, visit our website at www.rcac.org Michael Carroll mcarroll@rcac.org 916.447.9832 ext. 1003