Where: Castle Rock, Washington
Problem: A rural water system needed improvements to provide safe drinking water to its customers.
Solution: RCAC’s Loan Fund provided a $139,000 loan.

The City of Castle Rock like many small, rural water systems, is faced with aging infrastructure. The upgrades, though crucial for safe water system operations, did not qualify for federal funding. In addition, the city would have difficulty obtaining financing from a conventional bank.

The city reached out to RCAC, and RCAC provided a $139,000 loan to finance the water system upgrades. This loan will enable the City of Castle Rock to address its most significant water system deficiencies and provide safe drinking water to its 2,136 residents.

The RCAC Loan Fund works with small districts and local engineers across the West to help ensure that small systems address critical issues preventing safe drinking water supply and delivery. Often, this assistance leads to federally funded projects to address the needs. In some instances RCAC finances early design and predevelopment costs, which can be a barrier to moving a project forward. In others we provide construction financing. Regardless RCAC is filling a gap in the federal funding framework.