Don’t Forget the Rural Water Funding Option

As you work with small systems to help them upgrade or otherwise improve their infrastructure, don’t forget that NRWA has a separate Rural Water Loan Fund that may be just the solution you’re looking for.  The Fund was established under a grant from USDA to be used for predevelopment costs, short term equipment replacement costs, or other small capital projects not part of a system’s regular O&M.

Loan amounts may not exceed $100,000 (or 75% of the total project cost) whichever is less.  Repayment periods can be as long as 10 years – but no longer than that.  The program also offers 5-year interest only predevelopment loans and 90 day no interest disaster area emergency loans.

Interested in knowing more – or ready to apply?  Just send an email to loans@nrwa.org.

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