Water and Wastewater Loans
936.404.4480
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Communities Unlimited offers loans, with terms up to 15 years, for small, rural community water and wastewater projects. Loans are made in Alabama, Arkansas, Oklahoma, Louisiana, Mississippi, Tennessee, and Texas. The loans help rural communities make the repairs and improvements needed to maintain an uninterrupted supply of safe drinking water and wastewater disposal for their customers.
Loans can be used to:
- Meet compliance requirements for public drinking water and wastewater regulations
- Improve public health and system security
- Extend service to new customers or improve service to existing customers
- Create opportunities for economic development
Eligible applicants are nonprofit corporations and local governments that:
- Serve a significant number of low-income customers
- Serve communities with a population of 20,000 or less
- Have the cash flow for debt service or permanent take-out financing
- Are willing to accept no-cost technical assistance if needed
Loans of up to $750,000 are available. Loan amounts are based on needs, requested terms, and ability to repay.
There is a 1% origination fee.
Fill out the contact form on the program website to begin an application.
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.