Revolving Fund Program (RFP) -USDA

Revolving Fund Program (RFP)

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Synopsis

Full Announcement

Application

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The synopsis for this grant opportunity is detailed below, following this paragraph. This synopsis contains all of the updates to this document that have been posted as of 05/10/2012 . If updates have been made to the opportunity synopsis, update information is provided below the synopsis.

If you would like to receive notifications of changes to the grant opportunity click send me change notification emails . The only thing you need to provide for this service is your email address. No other information is requested.

Any inconsistency between the original printed document and the disk or electronic document shall be resolved by giving precedence to the printed document.

Document Type:	Grants Notice
Funding Opportunity Number:	RDRUS-12-01-RFP
Opportunity Category:	Discretionary
Posted Date:	May 10, 2012
Creation Date:	May 10, 2012
Original Closing Date for Applications:	Jun 07, 2012
Current Closing Date for Applications:	Jun 07, 2012
Archive Date:	Jul 07, 2012
Funding Instrument Type:	Grant
Category of Funding Activity:	Community Development Environment
Category Explanation:
Expected Number of Awards:	2
Estimated Total Program Funding:	$497,000
Award Ceiling:	$100,000
Award Floor:	$0
CFDA Number(s):	10.864  --  Grant Program to Establish a Fund for Financing Water and Wastewater Projects
Cost Sharing or Matching Requirement:	Yes

Eligible Applicants

Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
 

Additional Information on Eligibility:

Agency Name

Utilities Programs

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

If you have difficulty accessing the full announcement electronically, please contact:

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

Synopsis Modification History

There are currently no modifications for this opportunity.