Programs-Lending-environmental

Environmental infrastructure loans

RCAC offers loans to finance water and waste facility projects. RCAC’s loan program is unique — it provides the early funds small rural communities need to determine project feasibility and to pay pre-development costs prior to receiving state and federal funding.

Projects must be located in rural areas with populations of 50,000 or less in RCAC’s service region.


Feasibility Loan Application & Checklist

Please send the complete application package with original signature (blue ink is always helpful) to the loan officer serving your state. If you have any questions as you work through the process, please do not hesitate to contact them. Also, if the environmental infrastructure project includes green-build methods and materials, it may qualify for priority in loan application processing. If applicable, please complete the Green Lending Qualification Checklist – Environmental Infrastructure and submit with the loan application package. Application packages include:

    1. Loan application form (Please complete in detail and sign.)
    2. Attachment listed on loan application (Please include as many of the documents on the list as you have available at this time.)
    3. Instructions for Resolution to Borrow and Resolution to Borrow (Use this format or an equivalent.)
    4. Assurances Statement for nonprofit corporation applicants (RCAC form)
    5. Attorney’s Opinion Letter for Public Body and Tribal Applicants (criteria)

Pre-development Loan Application & Checklist

Please send the complete application package with original signature (blue ink is always helpful) to the loan officer serving your state. If you have any questions as you work through the process, please do not hesitate to contact them. Also, if the environmental infrastructure project includes green-build methods and materials, it may qualify for priority in loan application processing. If applicable, please complete the Green Lending Qualification Checklist – Environmental Infrastructure and submit with the loan application package. Application packages include:

    1. Loan application form (Please complete in detail and sign.)
    2. Attachments listed on loan application (Please include as many of the documents on the list as you have available at this time.)
    3. Instructions for Resolution to Borrow and Resolution to Borrow (Use this format or an equivalent.)
    4. Assurances Statement for nonprofit corporation applicants (RCAC form)
    5. Attorney’s Opinion Letter for Public Body and Tribal Applicants (criteria)

Construction Loan Application & Checklist

Please send the complete application package with original signature (blue ink is always helpful) to the loan officer serving your state. If you have any questions as you work through the process, please do not hesitate to contact them. Also, if the environmental infrastructure project includes green-build methods and materials, it may qualify for priority in loan application processing. If applicable, please complete the Green Lending Qualification Checklist – Environmental Infrastructure and submit with the loan application package. Application packages include:

    1. Loan application form (Please complete in detail and sign.)
    2. Attachments listed on loan application (Please include as many of the documents on the list as you have available at this time.)
    3. Instructions for Resolution to Borrow and Resolution to Borrow (Use this format or an equivalent.)
    4. Assurances Statement for nonprofit corporation applicants (RCAC form)
    5. Attorney’s Opinion Letter for Public Body and Tribal Applicants (criteria)

Infrastructure Intermediate Term Loan Application & Checklist

Please send the complete application package with original signature (blue ink is always helpful) to the loan officer serving your state. If you have any questions as you work through the process, please do not hesitate to contact them. Also, if the environmental infrastructure project includes green-build methods and materials, it may qualify for priority in loan application processing. If applicable, please complete the Green Lending Qualification Checklist – Environmental Infrastructure and submit with the loan application package. Application packages include:

    1. Loan application form (Please complete in detail and sign.)
    2. Attachments listed on loan application (Please include as many of the documents on the list as you have available at this time.)
    3. Instructions for Resolution to Borrow and Resolution to Borrow (Use this format or an equivalent.)
    4. Assurances Statement for nonprofit corporation applicants (RCAC form)
    5. Attorney’s Opinion Letter for Public Body and Tribal Applicants (criteria)

If you would like to talk to an RCAC loan fund staff member about these or other lending needs, refer to our staff directory on the contact page or email: loan_fund@rcac.org.

 Environmental Loan Program Brochure (PDF Format)