West Sacramento, Calif. — The Cuyama Community Services District awarded Rural Community Assistance Corporation more than $110,000 to help the district with efficient long-range management and operations for its water and wastewater treatment services.
July 25, 2018 marks Rural Community Assistance Corporation (RCAC) Loan Fund’s 30th anniversary. RCAC created the Loan Fund in 1988 with an initial $1 million investment from the Ford Foundation. An additional $1 million loan (later converted to a grant) from Bank of America boosted lending capital. The Loan Fund was later certified as a Community Development Financial Institution (CDFI).
The prospect of shale oil pockets in southeastern New Mexico has made the region an up-and-coming boom area, with barrels of oil suspected to be on par with production in Texas and North Dakota. But experts caution that the risk to water supplies in New Mexico is far greater there than anywhere else.
In a recent case the appeals court ruled that, while state law governs groundwater use, if wastewater passes through it on its way to the ocean, rivers or lakes, it is regulated by the Clean Water Act. The February 1 ruling, issued by the Ninth Circuit Court of Appeals, reflects uncertainty as to how extensive the Clean Water Act should be.
West Sacramento, Calif. — Rural Community Assistance Corporation’s (RCAC) Loan Fund launched the Idaho State Revolving Fund – Household Septic System Program to provide low-interest loans and grants to Idaho homeowners to refurbish or replace individual septic systems.