Revolving Funds for Financing Water and Wastewater Projects
This program provides grants to help nonprofit organizations establish revolving loan funds that will finance water and wastewater disposal projects in rural communities.
The loans will be made to eligible entities to finance pre-development costs of water and wastewater projects or short-term small capital improvement projects not part of the regular operations and maintenance of current water and wastewater systems.
Eligible applicants have:
- The legal capacity and authority to operate a revolving loan fund
- Financial, technical, and managerial capacity to comply with relevant state and federal laws and regulations
Eligible areas include:
- Rural areas with populations of 10,000 or less
- Tribal lands in rural areas
- Colonias
Estimated number of awards: 4
Estimated total program funding:
$1,000,000
The maximum loan per borrower is $200,000, with a loan term of up to 10 years. Applicants must contribute at least 20%.
Links to the full announcement and online application process are available through grants.gov. The application instructions will be found on the related documents tab.
Related Content
Organizations (2)
- USDA Rural Utilities Service, view details
- U.S. Department of Agriculture, view details
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