Rural Community Development Initiative (RCDI)

Solicitation # USDA-RD-HCFP-RCDI-2019
Type Opportunity Type (Past Due)
No Forecast Posted Date
No Forecast Due Date
Posted 3/27/19, 12:00 AM
Due 6/5/19, 12:00 AM
Funding Instruments
Funding Activity Categories
Applicant Types
Funding Description
View
Award Range
Not listed
Similar Opportunities
The Rural Decentralized Water Systems (DWS) Grant Program, administered by the USDA Rural Utilities Service, seeks to provide grants to eligible nonprofit organizations to establish revolving loan funds for low to moderate income individuals in rural areas. The program will finance the construction, refurbishment, rehabilitation, or replacement of individually owned water well and wastewater systems, with loan amounts not exceeding $15,000 and terms up to 20 years at a 1% annual interest rate....

Qualified private, nonprofit and public including tribal intermediary organizations proposing to carry out financial and technical assistance programs will be eligible to receive the funding. The Intermediary will be required to provide matching funds in an amount at least equal to the RCDI grant. The respective minimum and maximum grant amount per Intermediary is $50,000 and $250,000. The Intermediary must provide a program of financial and technical assistance to recipients to develop their capacity and ability to undertake projects related to housing, community facilities, or community and economic development that will support the community.

Posted 3/27/19