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Community Facilities Guaranteed Loans
Lenders may want to obtain an eligibility determination prior to submitting a full application. Pre-application documents may be submitted
alone to obtain this eligibility determination, or the pre-application documents may be submitted simultaneously with the full application.
Lenders wishing to receive an eligibility determination should submit the following pre-application material to their
Local Rural Development Office.
Please use this as a checklist and submit with the listed applications documents:
Pre-Application Documents
Upon receipt of a complete pre-application package, your local Rural Development Office will determine applicant and project eligibility,
the level of environmental information needed, and the type of financial feasibility needed. The lender will be notified of the agency's determinations within
10 days and given further instructions on needed documents. At a minimum, the following documents are needed to complete an application:
Application Documents
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Form RD 3575-1, Application for Loan and Guarantee
- Financial Feasibility Analysis or Report with 5 years projected financial
statements, including a narrative describing organization's services, scope of operations,
geographic area served, and any proposed management agreements and/or leases
- Preliminary Architecture/Engineering Report and cost estimate
- Form RD 1940-20, Request for Environmental Information
- Narrative (optional) for questions 1, 2, 13, 15, 16, 17
- FEMA Form 89-93, Standard Flood Hazard Determination
- Lender's Credit Analysis and security available for the loan
- Proposed Loan Agreement
- Record of any pending litigation or regulatory action (if applicable)
- Certificate of Need (if applicable)
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