The Rural Development Revolving Fund Program Grant aims to support rural communities in providing safe drinking water and waste disposal facilities. This grant assists eligible non-profit organizations in setting up a lending program to finance predevelopment costs or small capital projects related to water or wastewater systems. The grant amount provided to each entity is up to $100,000 to be repaid within a 10-year term. This program ultimately contributes to the economic growth and well-being of rural Americans while preserving the environment. Closing date: Jun 02, 2009.
Opportunity ID: 45502
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | RDUP-RFP-0209 |
| Funding Opportunity Title: | Revolving Fund Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 1 |
| Assistance Listings: | 10.864 — Grant Program to Establish a Fund for Financing Water and Wastewater Projects |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 2 |
| Posted Date: | Feb 26, 2009 |
| Last Updated Date: | Apr 15, 2009 |
| Original Closing Date for Applications: | May 31, 2009 |
| Current Closing Date for Applications: | Jun 02, 2009 |
| Archive Date: | Jun 30, 2009 |
| Estimated Total Program Funding: | $496,000 |
| Award Ceiling: | $496,000 |
| Award Floor: | $496,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | 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. |
Additional Information
| Agency Name: | Rural Utilities Service |
| Description: | Drinking water systems are basic and vital to both health and economic development. With dependable water facilities, rural communities can attract families and businesses that will invest in the community and improve the quality of life for all residents. Without dependable water facilities, the communities cannot sustain economic development.Rural Development provides financial and technical assistance to help communities bring safe drinking water and sanitary,environmentally sound waste disposal facilities to rural Americans in greatest need. It supports the sound development of rural communities and the growth of our economy without endangering theenvironment.The Revolving Fund (RFP) Grant Program has been established to assist communities with water or wastewater systems. Qualified private non-profitorganizations 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 programsadministered by Rural Development. 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 shallbe repaid in a term not to exceed 10 years. The interest rate on loans made under RFP shall be determined in the approved grant work plan |
| Link to Additional Information: | Website for Water and Environmental Programs |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Lorrie Davis
Loan Specialist Phone 202-720-9631 Email:lorrie.davis@wdc.usda.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Apr 15, 2009 | ||
| Apr 15, 2009 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | RDUP-RFP-0209 |
| Funding Opportunity Title: | Revolving Fund Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 1 |
| Assistance Listings: | 10.864 — Grant Program to Establish a Fund for Financing Water and Wastewater Projects |
| Cost Sharing or Matching Requirement: | Yes |
| Version: | Synopsis 2 |
| Posted Date: | Feb 26, 2009 |
| Last Updated Date: | Apr 15, 2009 |
| Original Closing Date for Applications: | May 31, 2009 |
| Current Closing Date for Applications: | Jun 02, 2009 |
| Archive Date: | Jun 30, 2009 |
| Estimated Total Program Funding: | $496,000 |
| Award Ceiling: | $496,000 |
| Award Floor: | $496,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | 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. |
Additional Information
| Agency Name: | Rural Utilities Service |
| Description: | Drinking water systems are basic and vital to both health and economic development. With dependable water facilities, rural communities can attract families and businesses that will invest in the community and improve the quality of life for all residents. Without dependable water facilities, the communities cannot sustain economic development.Rural Development provides financial and technical assistance to help communities bring safe drinking water and sanitary,environmentally sound waste disposal facilities to rural Americans in greatest need. It supports the sound development of rural communities and the growth of our economy without endangering theenvironment.The Revolving Fund (RFP) Grant Program has been established to assist communities with water or wastewater systems. Qualified private non-profitorganizations 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 programsadministered by Rural Development. 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 shallbe repaid in a term not to exceed 10 years. The interest rate on loans made under RFP shall be determined in the approved grant work plan |
| Link to Additional Information: | Website for Water and Environmental Programs |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Lorrie Davis
Loan Specialist Phone 202-720-9631 Email:lorrie.davis@wdc.usda.gov |
DISPLAYING: Synopsis 1
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | RDUP-RFP-0209 |
| Funding Opportunity Title: | Revolving Fund Program |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | 1 |
| 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: | Apr 15, 2009 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | May 31, 2009 |
| Archive Date: | Jun 30, 2009 |
| Estimated Total Program Funding: | $496,000 |
| Award Ceiling: | $496,000 |
| Award Floor: | $496,000 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | 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. |
Additional Information
| Agency Name: | Rural Utilities Service |
| Description: | Drinking water systems are basic and vital to both health and economic development. With dependable water facilities, rural communities can attract families and businesses that will invest in the community and improve the quality of life for all residents. Without dependable water facilities, the communities cannot sustain economic development.
Rural Development provides financial and technical assistance to help communities bring safe drinking water and sanitary,environmentally sound waste disposal facilities to rural Americans in greatest need. It supports the sound development of rural communities and the growth of our economy without endangering the The Revolving Fund (RFP) Grant Program has been established to assist communities with water or wastewater systems. Qualified private non-profit |
| Link to Additional Information: | Website for Water and Environmental Programs |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Anita OBrien
Loan Specialist Phone 202-690-3789 Email:anita.obrien@wdc.usda.gov |
Related Documents
Folder 45502 Full Announcement-1 -> Application Guide-Revolving Fund 2009.pdf
Folder 45502 Full Announcement-1 -> FR – RFP NOFA FY 2009.pdf
Folder 45502 Full Announcement-1 -> 1783 RFP FR Final Reg.pdf
Packages
| Agency Contact Information: | Lorrie Davis Loan Specialist Phone 202-720-9631 Email: lorrie.davis@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 | PKG00010661 | May 31, 2009 | View |
Package 1
Mandatory forms
45502 SF424-2.0.pdf
45502 GG_LobbyingForm-1.1.pdf
45502 ObjectiveWorkPlan-1.1.pdf
45502 SF424A-1.0.pdf
45502 SF424B-1.1.pdf
Optional forms
45502 Budget-1.1.pdf
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