Revolving Fund Program
ID: 359944Type: Posted
Overview

Buyer

Rural Utilities Service (USDA-RUS)

Award Range

$0 - $0

Eligible Applicants

Others

Funding Category

Health

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/359944

Additional Information

https://www.rd.usda.gov/programs-services/revolving-funds-for-financing-water-and-wastewater-projects
Timeline
    Description

    The Rural Utilities Service of the USDA is offering a grant opportunity through the Revolving Fund Program, aimed at assisting qualified private, non-profit entities in establishing revolving loan funds for water and wastewater projects in rural areas. The program provides funding for pre-development costs and small capital projects, with a focus on enhancing energy efficiency and resiliency of existing systems. With an estimated total program funding of $1 million, applicants can request grants of up to $200,000, which must be repaid within ten years. The application period runs from July 9 to August 7, 2025, and interested parties can find more information and submit applications electronically via grants.gov. For further inquiries, applicants may contact the Grant Manager at Water-RD@usda.gov.

    Point(s) of Contact
    Water-RD@usda.gov
    Files
    Title
    Posted
    RFP.pdf
    The Rural Utilities Service of the USDA is offering funding opportunities for Fiscal Year 2025 through the Revolving Funds for Financing Water and Wastewater Projects Program. With approximately $1 million available, the program aims to assist nonprofit organizations in establishing revolving loan funds for predevelopment and small capital project costs related to water and wastewater systems in rural areas, focusing on energy efficiency and resiliency. Applications, due by August 7, 2025, must be submitted electronically via grants.gov, requiring applicants to be registered in SAM and possess a Unique Entity Identifier. Eligible applicants must adhere to cost-sharing requirements, and successful proposals will be evaluated based on specific criteria outlined in the notice. Grant recipients can request up to $200,000, to be repaid within ten years. The funding process emphasizes compliance with federal regulations and encourages early application submissions to avoid last-minute issues. The award notice will inform whether applicants are selected and on what terms. This initiative highlights the government’s commitment to enhancing rural water infrastructure while adhering to regulatory frameworks.
    USDA-RD-RFP-FY25-Application-Guide-07092025.pdf
    The 2025 Application Guide for the Revolving Funds for Financing Water and Wastewater Projects Grant Program outlines the process for applicants seeking funding to enhance local water and wastewater systems through revolving loan funds administered by USDA Rural Development. The application window opens from July 9 to August 7, 2025, demanding a complete submission of federal forms, eligibility documentation, and detailed project proposals. Grants fund short-term loans to eligible entities, not exceeding $200,000, which must be repaid within ten years. The guide emphasizes the importance of thorough project descriptions, addressing community needs, and providing a comprehensive work plan, budget, and justification for expenses. Scoring criteria for application evaluation includes the applicant's expertise, contributions from non-federal sources, the effectiveness of the work plan, and measurable goals. Applications are reviewed for completeness and suitability against funding availability. The program aims to improve rural water systems, ensuring equitable access while complying with federal regulations against discrimination. Adverse decisions can be appealed as outlined in federal regulations, emphasizing transparency in the funding process. Overall, this guide serves as a detailed blueprint for applicants to secure financial assistance for vital infrastructure upgrades.
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