Water
and Environmental Programs 
REVOLVING FUND PROGRAM
Rural Development announces its Revolving Fund Program (RFP) application window for Fiscal Year (FY) 2008. In addition to announcing the application window, Rural Development announces the available funding and maximum amounts for RFP competitive grants for the fiscal year.
The RFP is authorized under the 2002
Farm Bill (the Farm Security and Rural Investment Act of 2002), Public Law
107-171. Qualified private non-profit organizations will receive RFP grant
funds to establish a lending program for eligible entities. Eligible
entities for the revolving loan fund will be the same entities eligible to
obtain a loan, loan guarantee, or grant from the Rural Development
Utilities Programs Water and Waste Disposal loan and grant programs.