Southeast Rural Community Development Loan Fund Program
Southeast Rural Community Assistance Project, Inc.
Applications accepted on an ongoing basis
Southeast Rural Community Assistance Loan Fund Program
provides community development loans to local
governments, public service authorities, user
associations, nonprofit organizations, and other
community entities for the development and/or
construction of large-scale community projects.
Loans may be used for:
- Building a new water/wastewater treatment facility
- Installing water/wastewater laterals for a low-income
development or neighborhood
- Repairing/replacing water storage tanks
- Other valuable community development projects, including housing and healthcare facilities
Eligible applicants are local governments, public service
authorities, user associations, nonprofit organizations,
and other community entities in the SERCAP service
North Carolina, Florida, Georgia, Virginia, Maryland, Delaware, and South Carolina.
Amount of funding
Loan amounts range up to $250,000. Interest rates start
at 3% and range up to a maximum of 7% using a sliding
scale point system based on need.
Capital funding · Community and economic development · Healthcare facilities · Housing and homelessness · Infrastructure · Public health · Delaware · Florida · Georgia · Maryland · North Carolina · South Carolina · Virginia
Southeast Rural Community Assistance Project, Inc.,
For complete information about funding programs, including your
application status, please contact funders directly. Summaries are provided
for your convenience only. RHIhub does not take part in application processes
or monitor application status.