Rural Community Assistance Corporation’s (RCAC) Environmental Infrastructure Loan Program helps create, improve or expand the supply of safe drinking water, waste disposal systems and other facilities that serve rural communities. RCAC’s loan programs provide the early funds needed by small rural communities to determine feasibility and pay pre-development costs prior to receiving state &/or federal program funding. May also provide interim construction financing and intermediate & long-term loans for system improvements.
ELIGIBLE APPLICANT: Nonprofit organizations, public agencies, and tribal governments.
ELIGIBLE AREA: Projects must be located in rural areas with populations of 50,000 or less in Alaska, Arizona, California, Colorado, Hawaii and other pacific islands, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. Community size is limited to 10,000 for long-term USDA guaranteed loans and short-term loans for which USDA is the long-term lender.
ELIGIBLE PROJECTS: Eligible projects include water, wastewater, solid waste & stormwater facilities. For more info., contact Mike Carroll at mcarroll@rcac.org or visit www.rcac.org
