Rural Economic Development Act of 1990

[AI summary unavailable — showing source text] Rural Economic Development Act of 1989 - Title I: Reorganization of the Department of Agriculture - Amends the Consolidated Farm and Rural Development Act to establish in the Department of Agriculture the Rural Development Administration. Title II: Local Prioritization of Project Funding - Amends the Consolidated Farm and Rural Development Act to set out the framework for certain rural development programs, which shall include: (1) an area plan for long range rural development; and (2) State rural economic development review panels. Authorizes grants for State revolving funds for loans to very small businesses. Title III: Enhancement of Existing Rural Development Programs - Amends the Rural Electrification Act of 1936 to establish in the Rural Electrification Administration a technical assistance unit. Amends the Farm Credit Act of 1971 to authorize banks for cooperatives to make loans for water or waste disposal systems. Title VII: Rural Electrification Provisions - Rural Telecommunications Improvements Act of 1989 - Subtitle A: Amendments Relating to Title I of the 1936 Act - Amends the Rural Electrification Act of 1936 (the Act) to include the balance of all rescinded loans and …