Water and Waste Disposal Revolving Loan Funds
Water and Waste Revolving Fund Grants will supply funds to nonprofit organizations to establish a lending program that will finance water or wastewater systems for rural communities with fewer than 10,000 people.
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.
For 2018, administrative discretion points will be awarded to work plans that:
- Direct loans to the smallest communities with the lowest incomes emphasizing areas where at least 20% of the population is living in poverty
- Direct loans to areas that lack running water, flush toilets, and modern sewage disposal systems, and areas which have open sewers and high rates of disease caused by poor sanitation, in particular, colonias or Substantially Underserved Trust Areas
- Direct loans that emphasize energy and water efficient components to reduce costs and increase sustainability of rural systems.
Eligible applicants are nonprofit organizations that have:
- A tax exempt status from the Internal Revenue Service
- 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
Total funding available: $1,000,000
Expected number of awards: 4
Choose the appropriate state in the drop down menu on the top right of the program website. This will open the state specific page. Tabs at the top of the page will show general program information, forms and resources, and state specific contact information.
To begin the application process, contact a Rural Development program specialist in the state or territory where the revolving loan fund would be available. The program specialist will assist with beginning the application process.
The Water and Waste Revolving Loan Fund is part of the Strategic Economic and Community Development Program, which allows USDA to give application priority points for projects that support the implementation of regional economic development plans.
The opportunity is also posted on grants.gov.
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.