Attention Rural Oklahoma Water and Wastewater Systems! Have you considered a low-cost Oklahoma Rural Development Water Loan?
Oklahoma Rural Development now taking applications for low-cost loans for Rural Oklahoma Water and Wastewater Systems
Did you know Oklahoma Rural Development can offer Oklahoma Rural Water Districts favorable loan conditions? Don't put off those repairs and ensure you're able to provide stable and clean drinking water for your customers for decades to come!
• Loan terms up to 40 years in length
• Interest rates that beat the bank ranging from 2.25 to 3.75%
• Equipment needs? Rural Development has a program with a fixed 3.75% rate
• Available to any rural water district, non-profit, tribes and towns with populations under 10,000
• Funds may be used to finance the acquisition, construction, or improvement for water and wastewater systems
• Funding can also cover non-construction costs such as engineering, legal, environmental, hydraulic analyses, land acquisition, water rights, permits and more
• Refinancing available as part of a construction project
• Emergency grant funding is also available for recovery from emergency occurrences such as droughts, floods, earthquakes and tornados
• A Federal Disaster declaration is not required
Call Oklahoma Rural Development for more information at 580-889-2554 X116.