To provide needed credit and financial services to rural residents, public services, and business enterprises, and for other purposes.

TABLE OF CONTENTS: Title I: Credit for Rural Business Enterprises Title II: Credit for Rural Infrastructure Title III: Credit for Rural Housing Rural Credit and Development Act of 1994 - Title I: Credit for Rural Business Enterprises - Amends the Farm Credit Act of 1971 to permit farm credit banks and production credit associations to purchase loans and...