Revolving Fund Program

The Revolving Fund Program (RFP) has been established to assist communities with water or wastewater systems.

Qualified private, non-profit organizations, who are selected for funding, will receive RFP grant funds to establish a lending program for eligible entities.

Eligible entities

credit: TRB Blogs


for the revolving loan fund will be the same entities eligible to obtain a loan, loan guarantee, or grant from the Water and Waste Disposal loan and grant programs administered by RUS, under 7 U.S.C.1926(a)(1) and (2).

As grant recipients, the non-profit organizations will set up a revolving loan fund to provide loans to finance predevelopment costs of water or wastewater projects, or short-term small capital projects not part of the regular operation and maintenance of current water and wastewater systems.

The amount of financing to an eligible entity shall not exceed $100,00 0. 00 and shall be repaid in a term not to exceed 10 years.

The rate shall be determined in the approved grant work plan.
Agency: Department of Agriculture

Office: Utilities Programs

Estimated Funding: $1,000,000


Who's Eligible


Relevant Nonprofit Program Categories





Obtain Full Opportunity Text:
Revolving Fund Program Webpage

Additional Information of Eligibility:
Not Available

Full Opportunity Web Address:
http://www.rd.usda.gov/programs-services/water-waste-disposal-revolving-loan-funds

Contact:
Derek JonesCommunity Program SpecialistPhone 202-720-9640

Agency Email Description:
Government Email Address

Agency Email:
derek.jones@wdc.usda.gov

Date Posted:
2016-04-06

Application Due Date:
2016-05-31

Archive Date:
2016-06-30


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Edited by: Michael Saunders

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