Opportunity Information: Apply for RDRUS 22 RFP

The Revolving Fund Program (Funding Opportunity Number RDRUS 22 RFP) is a discretionary grant opportunity offered by the U.S. Department of Agriculture (USDA), specifically through the Rural Utilities Service. Its purpose is to help qualified nonprofit organizations set up a revolving loan fund (RLF) that can then be used to finance projects that extend, upgrade, or improve water and waste disposal systems in rural communities. In practical terms, the federal grant is intended to seed a loan pool that the nonprofit can lend out to eligible rural borrowers for water and wastewater infrastructure needs, with repayments flowing back into the same fund so the money can be loaned again over time.

This opportunity falls under the broad funding activity areas of agriculture, community development, environment, and health, reflecting how rural water and wastewater infrastructure touches multiple public priorities. Reliable drinking water systems and effective wastewater disposal are core public health protections, but they also support local economic stability and long-term community development by making rural areas more viable places to live and do business. The program is listed under CFDA (now commonly referred to as Assistance Listing) number 10.864.

Eligibility is limited to nonprofits that have IRS-recognized 501(c)(3) status, excluding institutions of higher education. In other words, the applicant must be a qualifying charitable nonprofit, but universities and colleges are not eligible to apply under this specific notice. The grant is structured so that the nonprofit serves as the administrator of the revolving loan fund, using the fund to provide financing that supports rural water and waste disposal system improvements.

The opportunity was posted with a creation date of June 21, 2022, and an original closing date of July 31, 2022. The notice projected an expected four awards. The listed award ceiling is shown as 0, which typically signals that the maximum award amount is not specified in the summary field provided here and would normally be clarified in the full notice or program guidance.

  • The Department of Agriculture, Rural Utilities Service in the agriculture, community development, environment, health sector is offering a public funding opportunity titled "Revolving Fund Program" and is now available to receive applicants.
  • Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 10.864.
  • This funding opportunity was created on Jun 21, 2022.
  • Applicants must submit their applications by Jul 31, 2022. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
  • The number of recipients for this funding is limited to 4 candidate(s).
  • Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.
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Revolving Fund Program (RDRUS 22 RFP) - FAQs

What is the Revolving Fund Program (Funding Opportunity Number RDRUS 22 RFP)?

The Revolving Fund Program is a discretionary grant opportunity from the U.S. Department of Agriculture (USDA), administered through the Rural Utilities Service. It provides grant funding to qualified nonprofits so they can establish a revolving loan fund (RLF) to finance rural water and waste disposal system projects.

Which federal agency offers this grant opportunity?

This opportunity is offered by the U.S. Department of Agriculture (USDA), specifically through the Rural Utilities Service.

What is the main purpose of this funding?

The main purpose is to help eligible nonprofit organizations set up a revolving loan fund that can be used to provide financing for projects that extend, upgrade, or improve water and waste disposal systems in rural communities.

How does the revolving loan fund (RLF) model work under this program?

The federal grant is used to seed a loan pool managed by the nonprofit. The nonprofit then lends money from that pool to eligible rural borrowers for water and wastewater infrastructure needs. As borrowers repay their loans, the repayments return to the same fund so the money can be loaned out again over time.

What types of projects are intended to be financed through the revolving loan fund?

The revolving loan fund is intended to finance projects that extend, upgrade, or improve water and waste disposal systems in rural communities, including needs related to water and wastewater infrastructure.

Who is eligible to apply for this grant?

Eligibility is limited to nonprofit organizations with IRS-recognized 501(c)(3) status. Institutions of higher education are explicitly excluded from eligibility under this notice.

Are colleges and universities eligible applicants?

No. Even if they are nonprofit entities, institutions of higher education (such as colleges and universities) are excluded from eligibility under this specific opportunity.

Who administers the funds after the grant is awarded?

The nonprofit recipient serves as the administrator of the revolving loan fund. The nonprofit uses the fund to provide financing that supports improvements to rural water and waste disposal systems.

What broader funding activity areas does this opportunity relate to?

This opportunity falls under the broad funding activity areas of agriculture, community development, environment, and health.

Why is this program connected to public health and community development?

Rural drinking water and wastewater systems are core public health protections. They also support long-term community development and local economic stability by making rural areas more viable places to live and do business.

What is the Assistance Listing (CFDA) number for this program?

The program is listed under CFDA (now commonly referred to as Assistance Listing) number 10.864.

Is this a discretionary grant?

Yes. The Revolving Fund Program described here is identified as a discretionary grant opportunity.

When was this opportunity posted and when did it close?

The opportunity had a creation (posting) date of June 21, 2022, and an original closing date of July 31, 2022.

How many awards were expected under this notice?

The notice projected an expected four awards.

What is the maximum (ceiling) award amount?

The summary field lists the award ceiling as 0. This typically indicates the maximum award amount is not specified in the provided summary and would normally be clarified in the full notice or in program guidance.

Does this grant directly fund construction of water and wastewater projects?

Based on the information provided, the grant is intended to seed a revolving loan fund managed by a nonprofit, which then finances eligible rural borrowers and projects. In other words, funding is designed to flow through the nonprofit as loans rather than directly paying for projects as a one-time grant.

What kinds of community systems does this program focus on?

The focus is on water and waste disposal systems serving rural communities, including projects to extend, upgrade, or improve those systems.

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