Opportunity Information: Apply for RDRUS RFP 2011

  • The Utilities Programs in the community development sector is offering a public funding opportunity titled "Revolving Loan Fund" 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 Jun 20, 2011 and posted on Jun 14, 2011.
  • Applicants must submit their applications by Jul 25, 2011. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2024.)
  • The funding agency has allocated a total of $496,000.00 to eligible and selected applicants.
  • Each selected applicant is eligible to receive up to $496,000.00 in funding.
  • Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
  • An applicant is eligible to apply for the RFP grant if it 1. Is a private, non profit organization that has tax exempt status from the United States Internal Revenue Service (IRS) 2. Is legally established and located within one of the following (a) A state within the United States (b) The District of Columbia (c) The Commonwealth of Puerto Rico or (d) A United States territory 3. Has the legal capacity and authority to carry out the grant purpose 4. Has a proven record of successfully operating a revolving loan fund to rural areas 5. Has capitalization acceptable to the Agency, and is composed of at least 51 percent of the outstanding interest or membership being citizens of the United States or individuals who reside in the United States after being legally admitted for permanent residence 6. Has no delinquent debt to the Federal Government or no outstanding judgments to repay a Federal debt 7. Demonstrates that it possesses the financial, technical, and managerial capability to comply with Federal and State laws and requirements.
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