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TeachMeFinance.com - explain Rural Community Advancement Program (RCAP) Rural Community Advancement Program (RCAP) The term 'Rural Community Advancement Program (RCAP) ' as it applies to the area of agriculture can be defined as ' A program established by the rural development Title of the FAIR Act of 1996 under which USDA is authorized to provide state rural development block grants, direct and guaranteed loans, and other assistance to meet rural development needs across the country. Program funding will be allocated to three areas: (1) rural community facilities, (2) rural utilities, and (3) rural business and cooperative development. See Rural Development Trust Fund'. Previous 5 Terms: RUP rupicaprine Rural Rural area Rural Business-Cooperative Service (RBS) Next 5 Terms: Rural Development Trust Fund Rural electric cooperative (cooperatively-owned electric utility) Rural Electric Cooperatives Rural Electrification Administration Rural Electrification Administration (REA) 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.