Municipal & Nonprofit Loans

The RCAP Revolving Loan Fund (RLF) provides short-term financing to eligible applicants for pre-development costs associated with new water and wastewater projects. RLF financing can also be used for short-term costs incurred for replacement equipment, small-scale extension of services, or other small capital projects for existing water or wastewater systems, costs that are not a part of regular operations and maintenance. We also will loan short term money to fund small capital improvement projects.

Priority is given to Revolving Loan Fund requests that seek to:

Alleviate emergency situations
Correct inadequacies in water supply or wastewater treatment facilities
Alleviate deficiencies resulting in non-compliance with federal or state regulations

To be eligible to receive RLF loans, projects must serve areas outside the boundaries of a municipality with a population of 10,000 or less people.

Eligible applicants may include:

Public bodies such as counties, towns, districts and authorities
Utilities operated by not-for-profit entities such as water associations and cooperatives
Investor-owned utilities servicing low income communities
Native American tribes

RCAP Solutions offers other pre-development loans, with varying interest rates and loan terms in the three to five-year range. Please contact us for more information.

For more information, please contact Scott Mueller, Chief Community Services Officer and Director of Rural Assistance at 315-482-2756 or email: