Revolving Fund Program

The Revolving Fund Program provides grants to qualified private, non-profit entities to capitalize revolving funds for financing water and wastewater projects. The program aims to help communities expand and improve their water and wastewater systems. Eligible entities can apply for grants to establish a revolving loan fund, which will provide loans to eligible entities for pre-development costs or short-term, small capital projects. The application process involves submitting a complete application, including a project proposal, work plan, budget, and other required documents. The application will be evaluated based on criteria such as the applicant's expertise and experience, the percentage of applicant contribution, and the extent to which the work plan demonstrates a well-thought-out approach to accomplishing the program's objectives. Key aspects of the job and scope of work include: • Establishing a revolving loan fund to provide financing for water and wastewater projects • Providing loans to eligible entities for pre-development costs or short-term, small capital projects • Managing and servicing the revolving loan fund • Ensuring compliance with program regulations and requirements • Demonstrating a well-thought-out approach to accomplishing the program's objectives • Providing a detailed work plan, including a project proposal, budget, and budget justification The program has an estimated $1,000,000 in funding available for Fiscal Year 2026, and applicants can submit their applications electronically through Grants.gov.