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Nebraska
Housing

Utilities

Water and Waste Disposal Loan and Grant

Develops and repairs drinking water and sanitary sewer systems, including solid waste disposal and storm drainage in rural areas.  Funding covers water and waste development costs such as construction, improvements, equipment, facilities, land rights, engineering, fees, etc.

Eligibility:

  • Eligible applicants include public entities such as municipalities, counties, special-purpose districts, Native American tribes, and non profit organizations.

 

  • Corporations that have been convicted of a felony (or had an officer or agency acting on behalf of the corporation convicted of a felony) within the past 24 months are not eligible.  Any Corporation that has any unpaid federal tax liability that has been assessed, for which all judicial and administrative remedies have been exhausted or have lapsed, and that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability, is not eligible for financial assistance provided with funds appropriated by the Agriculture, Rural Development, food and Drug Administration, and Related Agencies Appropriations Act, 2012, P.L. No. 112-55.

 

Terms and Conditions:

  • The term of the loan is 40 years or for the useful life of the security.

 

  • Interest rates are comparable to current municipal bond rates and are based on the median household incomes of the service area.

 

  • A test of credit is required.

 

  • Grant assistance will be considered once the user costs exceed a certain level of the community's median household income (MHI).

 

  • Government owned bonds, revenue bonds, notes, mortgages, etc. will be used for security.

 

  • Systems are generally expected to be self-sufficient.

 

  • Other assistance offered includes rural water circuit rider technical assistance, technical assistance and training grants and solid waste management grants.

 

  • Potential applicants along with their consulting engineers are encouraged to utilize the Nebraska Water and Waste Common Pre-Application process.

 

  • Eligible areas include unincorporated rural areas, cities, and towns with populations of 10,000 and less.

 

Nebraska Water and Waste Common Pre-Application Process

Water and Waste Disposal Loan and Grant Fact Sheet

 

 

 

 

 

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Last Modified:05/07/2013 
 
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