The Rural Utilities Service (RUS) is offering the Revolving Fund Program (RFP) to assist communities with vital water or wastewater systems. This grant enables qualified private, non-profit organizations to establish essential lending programs. As grant recipients, these organizations will create a revolving loan fund to provide financial support. Loans from this fund are specifically for entities eligible under the RUS Water and Waste Disposal loan and grant programs. The funding is intended to finance predevelopment costs associated with water or wastewater projects, or for short-term, small capital projects that are not part of the regular operation and maintenance of current water and wastewater systems. This initiative aims to bolster community infrastructure development.
Opportunity ID: 169994
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | RDRUS-12-01-RFP |
| Funding Opportunity Title: | Revolving Fund Program (RFP) |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development Environment |
| Category Explanation: | – |
| Expected Number of Awards: | 2 |
| Assistance Listings: | 10.864 — Grant Program to Establish a Fund for Financing Water and Wastewater Projects |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 1 |
| Posted Date: | May 10, 2012 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jun 07, 2012 |
| Current Closing Date for Applications: | Jun 07, 2012 |
| Archive Date: | Jul 07, 2012 |
| Estimated Total Program Funding: | $497,000 |
| Award Ceiling: | $100,000 |
| Award Floor: | $0 |
Eligibility
| Eligible Applicants: | Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education |
| Additional Information on Eligibility: | – |
Additional Information
| Agency Name: | Rural Utilities Service |
| 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. |
| Link to Additional Information: | Program Information |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Joyce M. Taylor
Community Programs Specialist, WEP Phone 202-720-0499 Email:JoyceM.Taylor@wdc.usda.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 169994 Full Announcement-1 -> fy12 rfp nofa.pdf
Folder 169994 Other Supporting Documents-Certification 1 -> felony application package cert.pdf
Packages
| Agency Contact Information: | Joyce M. Taylor Community Programs Specialist, WEP Phone 202-720-0499 Email: JoyceM.Taylor@wdc.usda.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 10.864 | PKG00121190 | May 08, 2012 | Jun 07, 2012 | View |
Package 1
Mandatory forms
169994 SF424_2_1-2.1.pdf
169994 SF424A-1.0.pdf
169994 SF424B-1.1.pdf
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