Revolving Fund Program
The summary for the Revolving Fund Program grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Utilities Programs, which is the U.S. government agency offering this grant.
Revolving Fund Program: The Revolving Fund (RFP) Grant Program has been established to assist communities with water or wastewater systems. Qualified private non-profit organizations 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 Rural Utilities Service Water and Waste Disposal and Wastewater loan and grant programs. 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 short-term small capital projects not part of the regular operation and maintenance of current water and wastewater systems. The amount of financing to an eligible entity shall not exceed $100,000.00 and shall be repaid in a term not to exceed 10 years. The rate shall be determined in the approved grant work plan.
Federal Grant Title: | Revolving Fund Program |
Federal Agency Name: | Utilities Programs |
Grant Categories: | Community Development |
Type of Opportunity: | Discretionary |
Funding Opportunity Number: | RDRUS-RFP-0310 |
Type of Funding: | Grant |
CFDA Numbers: | 10.864 |
CFDA Descriptions: | Grant Program to Establish a Fund for Financing Water and Wastewater Projects |
Current Application Deadline: | May 25, 2010 |
Original Application Deadline: | May 25, 2010 |
Posted Date: | Apr 01, 2010 |
Creation Date: | Apr 01, 2010 |
Archive Date: | Jun 24, 2010 |
Total Program Funding: | $497,000 |
Maximum Federal Grant Award: | $497,000 |
Minimum Federal Grant Award: | $0 |
Expected Number of Awards: | 2 |
Cost Sharing or Matching: | Yes |
- Applicants Eligible for this Grant
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
- Grant Announcement Contact
- Joyce Taylor Community Programs Specialist Phone 202-720-0499
RFP Contact Person [[email protected]] - Similar Government Grants \n\n
- • Grant Program to Establish a Fund for Financing Water and Wastewater Projects (Revolving F...
- • Revolving Loan Fund
- • Revolving Fund Program (RFP)
- More Grants from the Utilities Programs
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- • Solid Waste Management Grant Program
- • Community Connect Grant Program
- • TAT for Innovative Regional Wastewater Treatment Solutions Grant Pilot Program
- • Distance Learning and Telemedicine Grants