In this issue:
California Community Foundation grant supports Camp Fire recovery efforts
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received a $220,000 grant from the California Community Foundation’s Wildfire Relief Fund, which will be used to support recovery efforts in communities devastated by the 2018 Camp Fire. RCAC’s work under this grant will focus on long-term recovery needs … Read full release
RCAC receives more than $700,000 to provide housing counseling to rural residents
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received a $713,236 U.S. Department of Housing and Urban Development (HUD) grant to help rural residents find housing, make informed housing choices or keep their current homes. Read full release
Private well owners in California counties invited to register for free well assessments
More than 43 million people in the United States rely on private water wells as their sole drinking water source according to a national research study by the US Geological Survey. The study also found that more than one out of the five wells contained one or more contaminants at concentrations above the safe human health benchmark. Read more
Partners for Rural Transformation
The Partners for Rural Transformation (PRT) is a national coalition dedicated to advancing economic mobility in persistent poverty areas. Collectively, the PRT members provide financial products and services that advance quality jobs, housing, infrastructure and address other vital needs in America where the poverty rate has exceeded 20 percent for at least three consecutive decades. Read more
Looking for a new and exciting career path?
Join our passionate team and make a difference in rural communities throughout the West! We work in diverse and low-income communities to increase access to affordable housing and safe drinking water, promote economic opportunity and job creation, and provide financing for community and economic development projects. Apply here
Do you need financing?
RCAC provides financing for affordable housing, environmental infrastructure, community facilities or small businesses. Our rates are competitive, our staff is easy to work with and they provide quick turnaround on applications. Give us a call to discuss your project in detail and download our programs and rates at-a-glance flyer. RCAC is a certified Community Development Financial Institution (CDFI), with an Aeris rating of 4 Stars AA plus Policy Plus.
Conference and Workshop Highlights
Must Have Financial Policies and Procedures for Small Water Systems
November 13 | 8:30 AM – 3:30 PM
Four Points Sheraton Santa Cruz/ Scotts Valley
5030 Scotts Valley Dr
Scotts Valley, California 95066
Your financial policies are the blueprint to building a successful, sustainable water utility. Are yours up-to-date and complete? Polishing your policies can be the cornerstone to providing guidance in decision making, promoting staff efficiency and productivity, and safe guarding assets. The goals of good financial policies and procedures are risk management and to ensure that the utility is consistently operated as a financially sustainable enterprise while providing safe and reliable water, both in the short- and long-term. Comprehensive, well organized policies should be readily accessible and easy to reference.
