Opportunity Information: Apply for RDRUS 23 RFP
The Revolving Fund Program (Funding Opportunity Number RDRUS 23 RFP) is a discretionary grant offered by the U.S. Department of Agriculture (USDA), specifically through its Rural Utilities Service. The program is designed to strengthen water and wastewater systems by helping create or expand revolving loan funds operated by qualified private, non-profit organizations. Instead of funding construction directly, these grants are used to capitalize a revolving fund that can then provide financing to eligible borrowers for targeted, near-term needs that often prevent projects from moving forward or keep existing systems from staying reliable.
A central focus of the program is covering pre-development costs tied to proposed water and wastewater projects. These are the early-stage expenses that happen before a project is ready for full financing or construction, and they can include tasks like preliminary engineering, feasibility work, project planning, environmental documentation, or other upfront activities needed to make a project viable and "shovel-ready." By paying for this stage through a revolving fund, the program helps communities and utilities overcome a common barrier: having a good project idea but not having the cash on hand to pay for the early technical and administrative work required to qualify for larger funding sources.
The revolving funds can also finance certain short-term costs for existing water and wastewater systems. This includes replacement equipment, small-scale service extensions, and other small capital projects that fall outside routine operations and maintenance. In practice, that means the program is aimed at the kinds of practical, often time-sensitive upgrades that keep systems functioning, improve service reliability, or address minor expansions, but are not part of day-to-day O and M budgets. The revolving nature of the fund is important because as loans are repaid, the money can be re-lent to support additional eligible projects over time, multiplying the impact of the initial grant.
Eligibility to apply is limited to qualified private, non-profit entities (the listing notes "Others" and directs applicants to the opportunity's additional eligibility language for exact requirements). These non-profit grantees act as the revolving fund managers, making financing available to eligible entities working on water and wastewater needs. The opportunity is associated with CFDA number 10.864 and is categorized under funding activity areas that include agriculture, community development, environment, and health, reflecting how water and wastewater infrastructure supports public health, environmental protection, and rural economic stability.
Administratively, the opportunity was created on May 10, 2023, with an original closing date of June 10, 2023. The notice indicates 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 and would need to be confirmed in the full program notice or application package details.
Overall, this grant opportunity is best understood as a capacity and financing tool: it helps establish a sustainable pool of capital managed by a non-profit, which then helps water and wastewater systems and project sponsors pay for crucial pre-development work and small, non-routine capital needs that might otherwise be delayed due to limited cash flow or restricted budgets.Apply for RDRUS 23 RFP
- 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 May 10, 2023.
- Applicants must submit their applications by Jun 10, 2023. (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: Others (see text field entitled Additional Information on Eligibility for clarification).
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Applicants also applied for:
Applicants who have applied for this opportunity (RDRUS 23 RFP) also looked into and applied for these:
| Funding Opportunity |
|---|
| Revolving Fund Program Apply for RDRUS 24 RFP Funding Number: RDRUS 24 RFP Agency: Rural Utilities Service Category: Agriculture, Community Development, Environment, Health Funding Amount: Case Dependent |
| Rural Decentralized Water System Grant Program Apply for RDRUS 24 DWS Funding Number: RDRUS 24 DWS Agency: Rural Utilities Service Category: Agriculture, Community Development, Environment, Health Funding Amount: Case Dependent |
| Rural Decentralized Water System Grant Program Apply for RDRUS 25 DWS Funding Number: RDRUS 25 DWS Agency: Rural Utilities Service Category: Agriculture, Community Development, Environment, Health Funding Amount: Case Dependent |
| Revolving Fund Program Apply for RDRUS 25 RFP Funding Number: RDRUS 25 RFP Agency: Rural Utilities Service Category: Agriculture, Community Development, Environment, Health Funding Amount: Case Dependent |
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