Revolving Fund Program | RDRUS 17 RFP

Opportunity Information: Apply for RDRUS 17 RFP

The Revolving Fund Program (Funding Opportunity Number RDRUS 17 RFP) is a discretionary grant opportunity offered by the U.S. Department of Agriculture (USDA) through its Utilities Programs. The program is designed to strengthen basic infrastructure in rural communities by helping eligible nonprofit organizations set up a revolving loan fund (RLF). That RLF is then used to provide financing that supports the extension, repair, improvement, or upgrade of water and waste disposal systems in rural areas. In practice, the grant is not aimed at paying for a single construction project directly; it is meant to capitalize a loan fund that can make loans over time, so the same pool of money can be lent out, repaid, and re-lent to support multiple eligible infrastructure needs.

Only certain organizations can apply. Eligibility is limited to nonprofits that have IRS-recognized 501(c)(3) status, excluding institutions of higher education. This means the target applicants are charitable nonprofit entities that can manage loan programs and handle the financial and administrative responsibilities of operating a revolving fund. Because the goal is to finance water and waste disposal improvements in rural places, applicants should be positioned to work with rural utilities, small communities, and local service providers that need affordable access to capital for essential public health and environmental infrastructure.

The award structure indicates a relatively small, competitive funding pool. The maximum award amount (ceiling) is $1,000,000, and the agency anticipated making about three awards under this particular funding cycle. The activity aligns with several broad federal funding categories, including agriculture, community development, environment, and health, reflecting how rural water and waste systems sit at the intersection of economic development, environmental protection, and public health outcomes.

From an administrative standpoint, this opportunity was posted with a creation date of January 9, 2017, and an original closing date of February 6, 2017. The program is associated with CFDA number 10.864, which is the federal catalog identifier historically used to track and categorize assistance programs. Overall, the Revolving Fund Program can be understood as a mechanism for building long-term, locally accessible financing capacity: it funds a nonprofit to create and operate a revolving loan fund so rural communities can access loans for critical water and waste disposal system improvements, with repayments replenishing the fund for continued future lending.

• The Department of Agriculture, Utilities Programs 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 Jan 09, 2017.
• Applicants must submit their applications by Feb 06, 2017. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
• Each selected applicant is eligible to receive up to $1,000,000.00 in funding.
• The number of recipients for this funding is limited to 3 candidate(s).
• Eligible applicants include: Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education.

Apply for RDRUS 17 RFP

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