Agriculture Commissioner Todd Staples recently announced that the Texas Department of Agriculture is accepting applications for federal funds totaling $1.2 million to revitalize downtown areas in rural Texas.
Annually, the Texas Capital Fund awards $50,000 to $150,000 in federal grants to rural Texas cities. The grants help fund public infrastructure projects aimed at creating new economic development opportunities in historic downtown areas.
The Texas Capital Fund, federally funded through the Texas Community Development Block Grant program, provides more than $8 million in competitive awards each year to boost economic development in small Texas communities.
The Fund is administered through TDA’s Trade and Business Development division and provides funding for projects through four different programs: Infrastructure Development, Real Estate Development, Main Street Improvements and Downtown Revitalization.
The deadline for submitting applications is July 12, 2012, by 5 p.m. Applications may be downloaded from the TDA website at TexasAgriculture.gov.