Opportunity Information: Apply for RD RBS 22 01 MPILP
The Meat and Poultry Processing Intermediary Lending Program (MPILP) is a U.S. Department of Agriculture initiative, administered through USDA Rural Development's Rural Business-Cooperative Service, that provides grant funding to qualified intermediary lenders so they can expand loan access for meat and poultry processors. The central idea is to strengthen the flow of affordable capital to businesses that slaughter animals (primary processing) or perform further processing, especially small and mid-sized independent operators that often struggle to secure financing on workable terms. By funding lenders rather than individual plants directly, the program is designed to quickly increase near-term lending capacity while also building longer-term expertise among institutions that finance this sector, which USDA views as essential to a more resilient, diverse, and secure domestic food supply chain.
Under MPILP, the grant recipient is the intermediary lender, not the processing company itself. These intermediaries then use the program resources to facilitate financing for eligible processors, supporting activities tied to start-up, expansion, and ongoing operations. The opportunity reflects feedback gathered by USDA in prior public comment processes, where access to loan capital was repeatedly flagged as a key constraint for smaller processors trying to enter the market, modernize equipment, add capacity, or remain competitive. By addressing that financing gap, the program aims to reduce bottlenecks in processing capacity, improve supply chain flexibility, and support processing enterprises in both rural and urban communities.
Eligible processing facilities that may ultimately benefit through intermediary loans include a wide range of inspected and regulated operations. This includes USDA-inspected facilities processing "amenable" species under a Federal Grant of Inspection, facilities processing "non-amenable" species that qualify for voluntary USDA inspection, state or tribal inspected plants that adhere to USDA regulations, and custom-exempt facilities that also adhere to USDA regulatory requirements. A notable feature is that there are no geographic restrictions, meaning intermediary-supported lending can reach projects anywhere in the United States, rather than being limited to certain states or rural-only areas.
The opportunity is a discretionary grant in the agriculture funding category and is associated with CFDA number 10.382. Eligible applicants are limited to certain types of organizations that can function as intermediaries: federally recognized Native American tribal governments and nonprofit organizations with 501(c)(3) status (excluding institutions of higher education). The program listing indicates an expected 10 awards, with an award ceiling of $15,000,000 per award, signaling that USDA intended to make a relatively small number of larger awards to lenders capable of deploying meaningful financing at scale.
The funding opportunity number is RD RBS 22 01 MPILP, created May 27, 2022, with applications due by 11:59 PM on July 25, 2022, and the notice specifies that late applications would not be accepted. The complete requirements, including how intermediary lending should be structured and what compliance obligations apply, are contained in the formal program notice referenced in the opportunity announcement.Apply for RD RBS 22 01 MPILP
- The Department of Agriculture, Rural Business-Cooperative Service in the agriculture sector is offering a public funding opportunity titled "Meat and Poultry Intermediary Lending Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 10.382.
- This funding opportunity was created on May 27, 2022.
- Applicants must submit their applications by Jul 25, 2022 Applications are due by 1159PM on July 25, 2022. Late applications will not be accepted. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $15,000,000.00 in funding.
- The number of recipients for this funding is limited to 10 candidate(s).
- Eligible applicants include: Native American tribal governments (Federally recognized), Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.
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