Nonprofits that have:
Legal authority to operate a revolving loan fund.
Financial, technical and managerial capacity to comply with relevant state/federal laws and regulations.
United States & Territories
This program provides grants to qualified private, non-profit entities to capitalize revolving funds for the purpose of providing financing to eligible entities for pre-development costs associated with proposed water and wastewater projects or with existing water and wastewater systems, and short-term costs incurred for replacement equipment, small-scale extension of services, or other small capital projects that are not part of the regular operations and maintenance activities of existing water and wastewater systems.
Maximum loan to be granted through the prime awardee is capped at $200,000 or 75% of total project cost.