Revolving Fund Program

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

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

Eligible entities for the revolving loan


fund will be the same entities eligible to obtain a loan, loan guarantee, or grant from the Rural Utilities Service Water and Waste Disposal and Wastewater loan and grant programs.

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: $497,000


Relevant Nonprofit Program Categories



Obtain Full Opportunity Text:
Not Available

Additional Information of Eligibility:
Not Available

Full Opportunity Web Address:


Contact:
Joyce TaylorCommunity Programs SpecialistPhone 202-720-0499

Agency Email Description:
RFP Contact Person

Agency Email:
joycem.taylor@wdc.usda.gov

Date Posted:
2010-04-01

Application Due Date:
2010-05-25

Archive Date:
2010-06-24


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