Opportunity Information: Apply for RDRUS 15 01 RFP
The Revolving Fund Program (RFP) aims to support communities with their water and wastewater systems. Through this program, qualified non-profit organizations can receive grant funds to create a lending program for eligible entities. These entities must meet the criteria set by the Water and Waste Disposal loan and grant programs administered by RUS.
As grant recipients, the non-profits will establish a revolving loan fund to offer loans for predevelopment costs related to water or wastewater projects, as well as for short-term small capital projects that are not part of routine operations. Each loan awarded will have a maximum amount of $100,000 and must be repaid within 10 years, with interest rates defined in the approved grant work plan.Apply for RDRUS 15 01 RFP
- The Utilities Programs in the agriculture community development environment health sector is offering a public funding opportunity titled "Revolving Fund Program" 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 Mar 16, 2015 and posted on Feb 20, 2015.
- Applicants must submit their applications by Apr 13, 2015. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2025.)
- The funding agency has allocated a total of $1,000,000.00 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 3 candidate(s).
- Eligible applicants include: Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education.
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Browse more opportunities from the same category: Agriculture Community Development Environment Health
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Previous opportunity: 2015 State Interstate Aquatic Nuisance Species Management Plan Program
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