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Southeast Rural Community Assistance Loan Fund Program
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Program
web site |
http://www.southeastrcap.org/se_loan_fund.htm
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| Sponsor |
Southeast Rural Community Assistance Project |
| Deadlines |
Applications accepted on an ongoing basis |
| Purpose |
The household water well system loan program is designed to assist low- to moderate-income individuals needing loans to construct, refurbish and service their household well systems. The purpose of the program is to target loans to the significant numbers of homeowners in the seven states whose geographically isolated households lack water service, but for whom it is not feasible to be connected to new or existing community water systems. |
| Eligibility |
Low-income rural communities. |
Geographic
coverage |
North Carolina, Florida, Georgia, Virginia, Maryland, Delaware and South Carolina. |
Amount of
funding |
Loan amounts range from $1,000 to $150,000. Interest rates start at 4% and range up to a maximum of 7% using a sliding scale point system based on need. |
Application
process |
Applications are available on the Program web site. |
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For more information contact:
Beth Pusha' at bpusha@sercap.org. Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. |
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