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Close Form RD 1942-54 Rev. 10-96 U.S. Department of Agriculture Rural Development FORM APPROVED OMB No. 0575-0120 APPLICANT S FEASIBILITY REPORT 1. Existing Facility. Briefly describe what facilities you currently have or how service is currently provided* 2. Proposed Facility. Describe what you want to purchase or construct. Indicate what the facility will be used for approximate size and expected method of procurement. For buildings indicate location basic materials or type of construction and attach a sketch or working drawings. For items of major equipment indicate new or used existing or custom-built and any special features. 3. Need for the Facility. Indicate why the proposed facility is needed* 4. Service Area* Indicate what area the proposed facility will serve and if known the population or number of families served* Public reporting burden for this collection of information is estimated to average 3 hours per response including the time for reviewing instructions searching ex....

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How to fill out the USDA RD 1942-54 online

The USDA RD 1942-54 form is essential for applicants looking to report on the feasibility of their proposed facilities. This guide provides a clear and supportive overview of how to fill out this form online, ensuring users understand each section and field.

Follow the steps to successfully complete the USDA RD 1942-54 online.

  1. Press the ‘Get Form’ button to access the USDA RD 1942-54 form and open it in the editor.
  2. In the 'Existing Facility' section, provide a brief description of the facilities you currently have or how the service is currently being provided.
  3. For the 'Proposed Facility' section, describe your intended purchase or construction, including the purpose, approximate size, and method of procurement. If applicable, include the location, basic materials or construction type, and attach any relevant sketches or working drawings.
  4. Complete the 'Need for the Facility' section by explaining why the proposed facility is necessary.
  5. In the 'Service Area' section, indicate the geographic area that will be served by the proposed facility, along with estimated population or number of families that will benefit.
  6. Fill out the 'Cost Estimate' section by itemizing costs for development, construction, land rights, legal fees, architectural and engineering services, equipment, refinancing, and any additional costs. Calculate and enter the total at the bottom.
  7. For the 'Income' section, list the sources of expected revenue and provide an estimate for a typical year.
  8. In the 'Other Funds' section, identify any additional funding sources beyond USDA, including contributions from the applicant, commercial loans, or other government agency loans or grants.
  9. If you have prior operating experience, attach supporting documents such as audits or financial statements for the past five years in the 'Operating History' section.
  10. Finally, ensure the 'Signature and Title of Applicant Official' section is completed, along with the date of submission.
  11. Once all fields are filled out, you can save changes, download, print, or share the completed form as needed.

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Related content

APPLICANT'S FEASIBILITY REPORT
Jan 31, 2025 — Forward to the local USDA office only. Form RD 1942-54 (Rev. 10-96)...
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RURAL DEVELOPMENT
Forward to the local USDA office only. Form RD 1942-54 (Rev. 10-96). Position 8. Page 9...
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In affordable housing, RD refers to the Rural Development division of the USDA. This division works to make housing more accessible and affordable in rural areas. Programs like USDA RD 1942-54 specifically aid in financing homes and developing community facilities, significantly enhancing the quality of life for residents in these regions.

USDA RD stands for the United States Department of Agriculture Rural Development. This branch of the USDA focuses on providing assistance to rural areas through various programs. One key program is USDA RD 1942-54, which offers loans and grants to help eligible homeowners and communities improve living conditions and access essential services.

In farming, RD stands for Rural Development. This term encompasses various initiatives aimed at enhancing rural economies and communities. The USDA RD programs, including USDA RD 1942-54, provide essential support for farmers and rural residents, helping them access funding and resources to improve their agricultural operations.

USDA and RD are closely related, but they are not the same. The USDA stands for the United States Department of Agriculture, which oversees various agricultural programs. On the other hand, RD refers to Rural Development, a branch of the USDA that focuses on improving the economy and quality of life in rural America. Understanding this distinction is important when exploring programs like USDA RD 1942-54.

The U.S. Department of Agriculture, through its Rural Development mission area, provides financial resources and support for rural communities, residents, and businesses. Rural - USDA usda.gov https://.usda.gov › topics › rural usda.gov https://.usda.gov › topics › rural

For NRCS-related 1099 forms, contact the 1099 Help Desk for reprints at 1-800-421-0323. You may also send an email to 1099helpdesk@usda.gov. For FSA-related 1098 forms, call 866-729-9705. Visit your local USDA service center.

Welcome to USDA Rural Development Through our programs, we help rural Americans in many ways.

United States Department of Agriculture USDA: United States Department of Agriculture. Most Frequently Used USDA Acronyms usda.gov https://.usda.gov › glossary usda.gov https://.usda.gov › glossary

USDA Rural Development (RD) is a mission area within the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural parts of the United States. Rural Development. Official Logo of the United States Department of Agriculture. USDA Rural Development - Wikipedia wikipedia.org https://en.wikipedia.org › wiki › USDA_Rural_Develop... wikipedia.org https://en.wikipedia.org › wiki › USDA_Rural_Develop...

RD Home Loans. Welcome to the Rural Development, Rural Housing Service, Home Loans Web site. As a part of USDA Rural Development, our mission is to be a cost-effective service provider that strives to help homeowners and their families remain successful homeowners throughout the term of the loan.

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