WW revolving fund grants

The Department of Agriculture Rural Utilities Service awarded $320,000 to Communities Unlimited Inc. on September 29, 2025, under the Grant Program to Establish a Fund for Financing Water and Wastewater Projects (CFDA 10.864), a revolving loan fund program that finances water and wastewater infrastructure improvements in rural areas.

Communities Unlimited Inc., a nonprofit economic development organization based in Fayetteville, Arkansas, will establish and manage a revolving loan fund to provide financing for extending and improving water and waste disposal systems serving rural communities. The award carries a period of performance through September 29, 2027, with place of performance in Montgomery, Alabama.

The program targets truly rural areas and rural communities with emphasis on population density, low income, unemployment, and health and sanitary conditions. Recipients must maintain records and accounts to ensure authorized use of funds under 2 CFR 200.334 and submit audit reports or financial management reports in accordance with 2 CFR Part 200, with submission timelines dependent on whether the grantee exceeds the Single Audit threshold in any fiscal year covered by the grant period.