Rebuilding After the Storm: USDA Water and Waste Disposal Program (WWD) for Hurricane-Affected Districts
Restoring Essential Services with USDA WWD
In the wake of recent hurricane devastation, rural communities in the impacted areas face significant challenges in rebuilding their water and waste infrastructure. X-Caliber Rural Capital (XRC) is here to help eligible districts access crucial funding through the USDA Water and Waste Disposal Program (WWD).
How USDA WWD Can Help Your Community
The USDA WWD program offers direct and guaranteed loans to support the restoration and improvement of water and waste disposal systems in rural areas affected by the most recent hurricanes. This program can assist your district with the following needs:
Repairing damaged infrastructure
Restoring water treatment facilities, repairing distribution lines, repairing storage facilities, pump stations, sewage collection and treatment systems, and stormwater management infrastructure.
Upgrading existing systems
Improve resilience against future natural disasters.
Expanding service capacity
Accommodate population growth and economic development needs to stay in compliance with all regulatory officials.
Advantages of Partnering with X-Caliber Rural Capital
Water and Sewer providers have multiple options for financing, including, but not limited to, tax-exempt bonds, state revolving loan funds, and USDA-direct loan. WWD loans made by private sector lenders like X-Caliber Rural Capital are typically priced higher than public-sector financing. But here are some important advantages of getting a WWD loan through X-Caliber Rural Capital:
- We provide expedited funding that supports access to capital within sixty days of submitting a complete application.
- We offer a potential for a bridge-to-USDA loan funded by X-Caliber Rural Capital for even faster funding.
- A USDA Federal guarantee could provide 1926b protection during the time frame that the loan is outstanding.
- Our team is comprised of some of the most tenured USDA experts in the industry including former USDA specialists who understand the intricacies of the WWD program.
- X-Caliber Rural Capital has a highly efficient, streamlined loan application, ensuring a smooth and timely approval
Long-term Financing
A WWD loan through X-Caliber Rural Capital provides expedited funding to address damage from the recent hurricanes and provide a long-term solution. However, for those entities that are smaller where the impact of the higher interest rate will negatively impact the end user, our affiliate, Rural Capital Solutions, can help by providing the following services:
- USDA WWD direct-loan application packaging and submission
- USDA grant-application evaluation
- Facilitation of other types of funding
Contact X-Caliber Rural Capital today to explore how the USDA Water and Waste Disposal Program can help rebuild and strengthen your district’s water and waste infrastructure.
Recent USDA WWD Transactions
$3.4MM
$1.8MM
$2MM
The USDA WWD program primarily serves rural areas with populations of 50,000 residents or less based on the most recent decennial census data. The USDA mapping link will confirm your project’s eligibility.