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Water Finance Exchange Pre-Development Funding

Ongoing
Total Funding
Not specified
Maximum Award
$250,000
Overview

The Pre-Development Fund supports communities facing short-term infrastructure challenges by providing pre-development capital. WFX’s flexible pre-development offers forgivable loans can address financing roadblocks or serve as bridge loans. WFX can quickly deploy funds to advance infrastructure solutions.

Funder

Water Finance Exchange (WFX)

Total Funding

Not specified

Funding Source

Nonprofit

Maximum Award

$250,000

Award Details

Forgivable loans up to $250,000

Eligibility

WFX supports small, rural, and underserved communities experiencing short-term water infrastructure challenges and lacking the capacity to access new resources.

Eligible Activities

Pre-development engineering, application development, and environmental reports, municipal projects, and short-term construction projects. Pre-development funds can be used to address barriers to accessing funding and financing opportunities. WFX works with communities to enhance their credit, using philanthropic resources to allow communities to access cheaper financing for municipal projects. Pre-development funds can also be used to pay for short-term construction needs for projects where funding is confirmed but requires reimbursement from state or federal sources.

Preferences

Short-term construction needs for projects where funding is confirmed but requires reimbursement from state or federal sources

How to Apply

Applicants must email Josh Clement, Director of Programs and Development, at Jclement@waterfx.org to begin the initial screening process.

ConstructionEconomic DevelopmentInfrastructure DevelopmentWater

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