Revolving Fund Program

The Revolving Fund Program provides grants to qualified private, non-profit entities to capitalize revolving funds for the purpose of providing financing to eligible entities for pre-development costs associated with proposed water and wastewater projects or with existing water and wastewater systems, and short-term costs incurred for replacement equipment, small-scale extension of services, or other small capital projects that are not part of the regular operations and maintenance activities of existing water and wastewater systems. • The applicant must be a private, non-profit organization. • The applicant must have no delinquent federal debt and no outstanding judgments to repay a federal debt. • The applicant must demonstrate compliance with public policy requirements. • The applicant must submit a complete application, including all required forms and supplementary materials. • The applicant must have a well-thought-out, comprehensive approach to accomplishing the objectives of the program. • The applicant must demonstrate a clear understanding of the needs of the service area and the ability to address those needs.