Closed RDRUS-16-RFP CFDA 10.864 Discretionary

Revolving Fund Program

Posted by Rural Utilities Service

Opportunity snapshot. This Grants.gov announcement — Revolving Fund Program — is cataloged under number RDRUS-16-RFP and tied to CFDA assistance listing 10.864, posted by Rural Utilities Service. Grants.gov currently shows the opportunity as closed, first posted on April 6, 2016. The funding category is Discretionary, delivered as a grant.

Award economics. The award range on file is Up to $1,000,000. The agency has projected $1.0 million in total estimated funding for this announcement. It expects to issue 3 awards. If the agency funds the expected 3 awards from the $1.0 million estimated pool, the average award works out to roughly $333,000. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources — factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.

Deadline and action path. This opportunity closed on May 31, 2016. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully — federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed — it helps clarify scope and scoring priorities.

Award Range

Up to $1,000,000

Close Date

May 31, 2016

Posted

April 6, 2016

Est. Total Funding

$1,000,000

Expected Awards

3

Instrument

Grant

Cost Sharing

Required

Description

The Revolving Fund Program (RFP) has been established to assist communities with water or wastewater systems. Qualified private, non-profit organizations, who are selected for funding, will receive RFP grant funds to establish a lending program for eligible entities. Eligible entities for the revolving loan fund will be the same entities eligible to obtain a loan, loan guarantee, or grant from the Water and Waste Disposal loan and grant programs administered by RUS, under 7 U.S.C.1926(a)(1) and (2). As grant recipients, the non-profit organizations will set up a revolving loan fund to provide loans to finance predevelopment costs of water or wastewater projects, or short-term small capital projects not part of the regular operation and maintenance of current water and wastewater systems. The amount of financing to an eligible entity shall not exceed $100,000.00 and shall be repaid in a term not to exceed 10 years. The rate shall be determined in the approved grant work plan.

Eligibility

12

Official Listing on Grants.gov

View full details, application forms, and submission instructions.

View on Grants.gov

Agency Contact

Derek Jones <br/>Community Program Specialist <br/>Phone 202-720-9640

Key Dates

Posted April 6, 2016
Close Date May 31, 2016
Archive Date June 30, 2016
Last Updated April 6, 2016

Frequently Asked Questions

What is this grant opportunity?
This is a federal funding opportunity titled "Revolving Fund Program", offered by Rural Utilities Service. It is associated with CFDA program 10.864. The Revolving Fund Program (RFP) has been established to assist communities with water or wastewater systems. Qualified private, non-profit organizations, who are selected for funding, will receive RF...
Is this opportunity still open?
No, this opportunity is closed. It closed on May 31, 2016. Check the parent program page for future funding cycles.
How much funding is available?
The award range for this opportunity is Up to $1,000,000. Total estimated funding: $1,000,000. Expected number of awards: 3.
How do I apply?
Applications for federal grant opportunities are typically submitted through Grants.gov. Visit the official listing at grants.gov for application instructions, required documents, and submission deadlines.

Disclaimer: This information is sourced from Grants.gov and SAM.gov and is for informational purposes only. Opportunity details, deadlines, and eligibility requirements change frequently. Always verify current information directly on Grants.gov before applying. PlainGrants is not affiliated with any federal agency.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainGrants Editorial