Rates are now just 1.25% to 2.125%
Solely focused on rural America, the USDA Rural Utilities Service, acting through USDA Rural Development, has funding available now to help you build, expand, and repair your community’s drinking water, wastewater, storm water drainage, and sanitary solid waste disposal systems. Don't miss your chance to take advantage of historically low interest rates, which combined with extended terms provide financial flexibility and minimize the cost to your users.
Program Overview
- Projects located in a city, town, or unincorporated area of 10,000 people or less based on the 2010 U.S. Census may be eligible
- Eligible applicants include local public bodies, nonprofit corporations, and federally recognized tribes
- Applications are accepted on a continuous basis and can be submitted online at RD Apply
Highlights
- Low-rate loan financing can be combined with grants to keep user costs reasonable
- Long loan terms are available with typical projects financed over 40 years, subject to state statute.
- Comprehensive funding allows for construction, engineering, land, legal, environmental, and many other project costs
- Financially distressed communities may be eligible to receive grant assistance to help pay for application development costs, including preliminary engineering reports.
Last fiscal year, we helped 4.69 million rural people across the country improve their drinking water and waste infrastructure by investing $2.12 billion in construction projects. This year, it could be your community!
In Pennsylvania, contact your local program specialist to learn more.