U.S. Department of Agriculture: Household Water Well System Grants
This program helps qualified nonprofits and tribes create a revolving loan fund to increase access to clean, reliable water for households in eligible rural areas. Grant funds may be used to help a nonprofit create a revolving loan fund for eligible individuals who own and occupy a home in an eligible rural area. The fund may be used to construct, refurbish, or service individually-owned household water well systems.
Amount: A total of $993,000 is available to make up to 10 awards. Terms for the loans to be awarded include one percent fixed interest rate, 20-year maximum term, and an $11,000 maximum loan per household. Applicants must contribute a match of at least 10 percent in cash.
Eligibility: Nonprofits that have:
- Expertise and experience promoting the safe, productive use of individually-owned household water wells systems
- Legal authority to act as a lender
- Sufficient expertise and experience in lending activities
- Financial, technical, and managerial capacity to comply with relevant federal and state laws and regulations
Eligible areas are:
- Rural areas and towns with populations of 50,000 or less – check eligible addresses at: http://eligibility.sc.egov.usda.gov/
- Tribal lands in rural areas
- Colonias
Link: https://www.grants.gov/web/grants/view-opportunity.html?oppId=306574
This post was filed under: