RCAP Solutions has been awarded a $5,000 Organizational Development Grant from The Community Foundation of North Central Massachusetts. This funding will be used to implement a loan management software system and supplement our current financial programs.
Over the next year, we will pursue opportunities to enhance our lending services and aim to establish a revolving loan fund, supporting the Private Well Program to Protect Public Health, an initiative backed by The Health Foundation of Central Massachusetts.
There are currently no affordable financing options for homeowners needing repairs or maintenance on their private wells, preventing harmful contaminants from entering household water supplies. These funds will establish a baseline as we explore innovative solutions to combat these issues.