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Intermediary Relending Program

Program Information

Popular name

IRP

Program Number

10.767

Program objective

Establish revolving loan funds for the purpose of providing loans to ultimate recipients to promote community development, establish new businesses, establish and support microlending programs, and increase access to capital for start-ups and other small rural businesses and cooperatives in rural areas. Program performance is measured by the number of jobs created/saved and businesses assisted. The Agency tries to maintain a low default rate.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

  1. 2024

    11 awards were issued under this program in FY24.

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

7 CFR 4274, Subpart D; 7 CFR 1951, Subpart R.