WATER AND WASTE DISPOSAL LOAN GUARANTEES

US DEPARTMENT OF AGRICULTURE (USDA), RURAL DEVELOPMENT

Information Contact

Kathy Pfiffner

USDA Rural Development

6200 Jefferson Street NE, Room 255, Albuquerque, NM 87109

Eligibility

Counties Municipalities Special Districts Indian Tribes and Pueblos Other Local Governmental Units Non-profit 501(c)3 School Districts Mutual Domestics Acequias

Type of Aid

Direct Loan

Program Purpose

Provide infrastructure for rural areas.

Deadline to Apply

Determined when the budget is approved by Congress.

Eligibility Description

Public entities, counties, Native American tribes, and non-profit corporations

Special Conditions

Rural areas, and cities and towns with up to 10,000 population

Funding Availability

Funding Potential for Award no minimum/maximum

Range of Awards Determined by the financial institution. USDA will cover up to 90% of the loan

Funding Cycle – Duration Once project has been obligated, borrower has 5 years to exhaust all funds

Source of Funds Program is Federally Funded

Application Process

Deadline None

How to Apply–Apply to Rural Development.

Selection Criteria & Decision Authority–Eligible leaders obtain up to a 90 percent guarantee on loans they make and service. Lenders should contact Rural Development Area or State Office.

Authorization

Federal programs are funded by congress and administered according to federal regulations

Related Programs

Our programs are standalone programs; however, encourage to be leveraged with any other funding source