Household Water Well System Grants
Household Water Well System Grants assists nonprofit organizations and tribes to create revolving loan funds (RLF). Eligible nonprofits have:
| Jurisdiction: | Federal |
| Incentive Type: | Grant Program |
| Industries: | Health And Safety, Technology |
| Eligible Sector: | Public |
| Category: | Financial Incentive |
| Time Period: | FY 2015 |
| Governing Body: | U.S. Department of Agriculture and Rural Development |
| What’s it worth?: | $11,000 |
- Experience with household water well systems safety
- Authority to lend funds
- Lending experience
- Ability to comply with federal and state laws and regulations
Loans may not exceed $11,000 per household with a maximum term of 20 years and a 1% fixed interest rate. Funds may be used to create RLFs of eligible households constructing, refurbishing, or service individually-owned water well systems, except for sewer or septic systems.
Participants must contribute a minimum of 10%; funds may come from the applicant or a third party but may not be in-kind contribution. Eligible areas include:
- Areas with 50,000 or fewer people
- Tribal lands
- Colonias
Eligible participants must submit completed applications prior to the deadline electronically or paper format; late applications will not be accepted. To apply applicants only need to submit an application. Questions may be directed to the local RD office. Applications must include:
- Application for Federal Assistance form
- Budget Information – Non-Construction Programs form
- Assurances – Non Construction Programs form
- Disclosure of Lobbying Activity form
- Equal Opportunity Agreement form
- Assurance Agreement form
- Project Proposal
- Work Plan
- Budget & Justification
- Evidence of Legal Authority & Existence
- List of Directors and Officers
- Documentation of non-profit status & IRS Tax Exempt Status
- Financial Information & Sustainability
- Assurances & Certifications of Compliance with Other Federal Statutes
Each application will be reviewed and evaluated after which awarded applicants will be notified letter.
