Answer:
RECD loan
Step-by-step explanation:
RECD , an acronym for rural economic development loan is a type of loan, either guaranteed or direct, specifically meant for the funding of rural projects by utilizing organizations , with creation and retention of rural jobs as one of its benefit.
A city with a population of 100,000 people is apparently not mis-classified as a city. , and on that note , RECD is not applicable to it.
The other types of loans like the VA and the conventional loans can be utilized to finance the acquisition of properties in a city settlement.The FHA can also acts as an insurance .