Revolving Fund Program (RFP)

Post Date

May 10th 2012

Application Due Date

June 7th 2012

Funding Opportunity Number

RDRUS-12-01-RFP

CFDA Number(s)

10.864

Funding Instrument Type(s)

Grant

Funding Activity Categories

Community Development
Environment

Number of Awards

2

Eligibility Categories

Non-Profits With 501 (c) (3) Status With The IRS (Except Higher Education Institutions)

Funding

• Estimated Total Funding:

  $497000

• Award Range:

  $0 - $100000

Grant Description

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 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 shortterm small capital projects not part of the regular operation and maintenance of current water and wastewater systems.

Contact Information

• Agency

  Department of Agriculture

• Office:

  Utilities Programs

• Agency Contact:

  Joyce M. Taylor
  Community Programs Specialist, WEP
  Phone 202-720-0499

• Agency Mailing Address:

  eMail Address

• Agency Email Address:

  JoyceM.Taylor@wdc.usda.gov

• More Information:

  Program Information