Water And Waste Disposal Grant Program:

PURPOSE

The Water and Waste Disposal Grant Program provides funds for water, sanitary sewage, solid waste disposal, and waste water facilities for rural communities in Mississippi .

ELIGIBILITY

Public Bodies

Non-Profit Organizations

Federal & State Recognized Indian Tribes

Utility districts located in rural areas, cities, and towns with populations of 10,000 or less

FUND USE

Initial operating expenses

Purchase of necessary equipment

Pay cost of land acquisition, rights-of-way, permits, etc.

Pay interest on loan until facility is self-supporting (up to three years)

Pay professional fees (legal and engineering) for project development

Other costs related to building, operating, and maintaining rural water, waste, & treatment facilities

Construct, enlarge, extend, or otherwise improve water or waste disposal facilities

Refinancing existing debts if debts, (1) are secondary part of loan amount (less than 50% of the total loan), (2) were incurred for facility or service currently being financed, (3) no new arrangements are made with present creditors to extend or modify the terms of existing debts

TERMS OF REPAYMENT

Maximum repayment period – 40 years

RESTRICTIONS

Grants are considered only after an affordable maximum loan amount with reasonable user rates is determined by Rural Development

Grant applicants are considered for grant assistance when the debt service portion of the average annual user cost (for users in the service area) exceeds: (1) 0.5% when the Median Household Income (MHI) of the service area is below the poverty line or below 80% (whichever is higher) of the state non-metropolitan median household income OR (2) 1% when the MHI of the service area exceeds the 0.5% requirement but is not more than 100% of the state non-metropolitan median household income

Grants will not be made in excess of the following percentages (whichever is higher) of the eligible project development costs: 75% when the MHI of the service area is below the poverty line or below 80% of the state non-metropolitan median household income and the project is necessary to alleviate a health or sanitary problem OR 45% when the MHI of the service area exceeds the 75% requirement but is not more than 100% of the statewide non-metropolitan median household income

Rural areas, towns, & cities maximum population – 10,000 or less

APPLY TODAY

To get started building your future today, contact your Local Area Office to fill out an application packet and begin the approval process.