Definition of Community Facilities Program (CFP)

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TeachMeFinance.com - explain Community Facilities Program (CFP)



Community Facilities Program (CFP)

The term 'Community Facilities Program (CFP) ' as it applies to the area of agriculture can be defined as ' Administered by the Rural Housing Service of USDA, the CFP provides grants, loans, and loan guarantees to local governments, federally recognized native tribes, and nonprofit organizations. Funds are used to construct, expand, or rehabilitate such community facilities as hospitals, clinics, nursing homes, ambulatory care centers, police and fire stations, rescue and fire vehicles, communication centers, telecommunications, distant learning and telemedicine, child and adult care centers, jails, courthouses, airports, and schools'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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