Loans for construction, refurbishment, or replacing household water wells and septic systems
Well & Septic Loans
WHAT IT IS
Low-interest loans are available to assist homeowners with the construction, repair, or replacement of essential household water wells and septic systems ensuring access to safe, reliable water and sanitation.
LET'S TALK
Alexandria Cordero
Funding for household water wells and individual septic systems up to $15,000.
1% fixed APR interest rate. Loan maturity up to 20 years.
Individuals in the Communities Unlimited and Midwest Assistance Program service areas are eligible to apply for the septic & well loan program.
Eligible states: Alabama, Arkansas, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Tennessee, Texas, and Wyoming
Did you know?
Communities Unlimited offers no charge well assessments in Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee and Texas to homeowners. We will identify potential threats, sources of well contamination, visual inspection, and evaluate your water source. Interested? Find out more
Requirements
Residence must be located in a rural community with a population not exceeding 50,000
Cannot be used for new construction
Applicants must own and occupy, or be in the process of purchasing, the home being improved
Gross annual household income must not exceed 60% of the median non-metropolitan household income for the state
In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov (email).
Reasonable Modifications for Individuals with Disabilities
Reasonable modifications may be requested by emailing info@communitiesu.org or calling (479) 443-2700, or persons with speech or hearing impairment may call toll-free 1-800-877-0996 for service in English and Spanish.
