Opportunity Information: Apply for RDRUS 12 01 RFP
Apply for RDRUS 12 01 RFP
- The Utilities Programs in the community development environment sector is offering a public funding opportunity titled "Revolving Fund Program (RFP)" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 10.864 Grant Program to Establish a Fund for Financing Water and Wastewater Projects.
- This funding opportunity was created on May 10, 2012 and posted on May 10, 2012.
- Applicants must submit their applications by Jun 7, 2012. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $497,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $100,000.00 in funding.
- The number of recipients for this funding is limited to 2 candidate(s).
- Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.
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Opportunity Summary:
The Revolving Fund Program (RFP) is a discretionary federal grant opportunity designed to strengthen community water and wastewater systems by helping organizations create local lending capacity. Instead of funding construction directly, the program provides grant dollars to qualified private nonprofit organizations so they can establish and run a revolving loan fund. That loan fund is then used to support eligible communities and entities with the early-stage and smaller-scale financing needs that often delay or prevent water and wastewater projects from moving forward.
Under this program, the primary applicants are nonprofit organizations with IRS-recognized 501(c)(3) status (excluding institutions of higher education). Organizations selected for an award receive grant funding to set up a structured lending program. The revolving nature of the fund means that as loans are repaid, the money can be loaned out again to support additional projects over time, extending the impact of the initial federal investment.
Loans issued through the revolving fund must go to entities that are already considered eligible under the USDA Rural Utilities Service (RUS) Water and Waste Disposal (WWD) loan and grant programs, as authorized in 7 U.S.C. 1926(a)(1) and (2). In practical terms, this ties eligibility to the same kinds of rural or small-community borrowers that can receive RUS assistance for water and waste disposal infrastructure, keeping the program focused on community development and environmental public health outcomes.
The program is geared toward financing predevelopment costs for water or wastewater projects, as well as short-term, small capital projects that are not part of routine operation and maintenance. Predevelopment support can cover the types of up-front work communities typically need before they can secure larger, long-term financing, such as preliminary engineering activities, feasibility assessments, environmental documentation, planning, or other early project development steps. The inclusion of short-term small capital projects recognizes that some communities face urgent, limited-scope infrastructure needs that fall outside normal maintenance but may be too small or time-sensitive for traditional large-scale funding pathways.
From the funding details provided, this opportunity was posted on May 10, 2012, with an application closing date of June 7, 2012, and an archive date of July 7, 2012. The estimated total funding available was $497,000, with an expected two awards. Individual awards had a ceiling of $100,000, and the stated award floor was $0, indicating there was no minimum award size specified. Cost sharing or matching was required, meaning applicants needed to contribute non-federal resources or otherwise meet a match requirement as part of the award conditions. The listing is associated with CFDA number 10.864, titled "Grant Program to Establish a Fund for Financing Water and Wastewater Projects," and falls under the activity categories of Community Development and Environment.
The administering agency listed is the Utilities Programs office within USDA Rural Development (RUS context), reflecting the program's alignment with rural utility infrastructure goals. For access issues related to the full announcement, the contact provided was Joyce M. Taylor, Community Programs Specialist, reachable by phone at 202-720-0499.
Revolving Fund Program (RFP) Grant - FAQs
What is the Revolving Fund Program (RFP)?
The Revolving Fund Program (RFP) is a discretionary federal grant opportunity intended to strengthen community water and wastewater systems by helping organizations create local lending capacity. Rather than paying for construction directly, the program provides grant funding to qualified organizations to establish and operate a revolving loan fund that can finance eligible water and wastewater project needs.
What does the grant fund actually support?
The grant supports the creation and operation of a revolving loan fund managed by the awardee. The awardee then issues loans from that fund to support eligible communities and entities, especially for early-stage financing needs and certain small, short-term capital needs tied to water or wastewater projects.
Does this program fund construction of water and wastewater infrastructure?
No. The program is described as not funding construction directly. Instead, it funds qualified nonprofit organizations to set up and run a revolving loan fund that issues loans supporting early-stage and smaller-scale financing needs that can delay or prevent projects from moving forward.
Who can apply as the primary applicant?
The primary applicants are private nonprofit organizations with IRS-recognized 501(c)(3) status. Institutions of higher education are excluded.
Are institutions of higher education eligible to apply?
No. The eligibility description excludes institutions of higher education, even if they otherwise have nonprofit status.
What is meant by a "revolving" loan fund?
A revolving loan fund is designed to reuse capital over time. As borrowers repay loans, those repayments return to the fund and can be loaned out again for additional eligible projects, extending the impact of the original federal grant investment.
Who can receive loans from the revolving fund?
Loans issued through the revolving fund must go to entities that are already eligible under the USDA Rural Utilities Service (RUS) Water and Waste Disposal (WWD) loan and grant programs, as authorized in 7 U.S.C. 1926(a)(1) and (2). This aligns loan eligibility with the same types of rural or small-community borrowers that can receive RUS assistance for water and waste disposal infrastructure.
What types of project costs are targeted for financing through the revolving fund?
The program is geared toward (1) predevelopment costs for water or wastewater projects, and (2) short-term, small capital projects that are not part of routine operation and maintenance.
What are examples of predevelopment costs that may be financed?
Predevelopment support can cover up-front work communities often need before obtaining larger, long-term financing. Examples listed include preliminary engineering activities, feasibility assessments, environmental documentation, planning, and other early project development steps.
What does the program mean by "short-term, small capital projects"?
The program recognizes that some communities have urgent, limited-scope infrastructure needs that are not routine operation and maintenance, but may be too small or too time-sensitive for traditional large-scale funding pathways. These may be supported through loans from the revolving fund.
Are routine operations and maintenance (O&M) costs eligible?
The information provided distinguishes eligible short-term small capital projects from routine operation and maintenance, indicating the program is not focused on routine O&M.
What is the CFDA number and title associated with this opportunity?
The listing is associated with CFDA number 10.864, titled "Grant Program to Establish a Fund for Financing Water and Wastewater Projects."
What are the activity categories for this opportunity?
The activity categories listed are Community Development and Environment.
Which agency administers this opportunity?
The administering agency listed is the Utilities Programs office within USDA Rural Development (in the RUS context), reflecting the program's alignment with rural utility infrastructure goals.
When was the opportunity posted?
The opportunity was posted on May 10, 2012.
What was the application closing date?
The application closing date was June 7, 2012.
What was the archive date?
The archive date was July 7, 2012.
How much total funding was estimated to be available?
The estimated total funding available was $497,000.
How many awards were expected?
The opportunity indicated an expected two awards.
What was the maximum (ceiling) award amount?
The individual award ceiling was $100,000.
Was there a minimum (floor) award amount?
The stated award floor was $0, meaning there was no minimum award size specified.
Is cost sharing or matching required?
Yes. Cost sharing or matching was required, meaning applicants needed to contribute non-federal resources or otherwise meet a match requirement as part of the award conditions.
Who is the contact for access issues related to the full announcement?
The contact listed for access issues is Joyce M. Taylor, Community Programs Specialist.
What is the phone number for the listed contact?
The phone number provided is 202-720-0499.
What is the main purpose of funding a nonprofit to run a revolving loan fund instead of funding projects directly?
The program approach is intended to build local lending capacity. By creating a fund that can re-lend repaid dollars, the initial federal investment can support multiple projects over time and help address early-stage and smaller-scale financing barriers that can delay or prevent water and wastewater projects from advancing.
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Applicants who have applied for this opportunity (RDRUS 12 01 RFP) also looked into and applied for these:
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