Proposition 1 – Water Recycling
Highlights
There’s a tremendous opportunity for your business through this program focused on water recycling projects in California. You can access grants and loans for construction costs of vital infrastructure, including recycled water treatment facilities and distribution systems. By participating, you're not just securing funding; you're also playing a crucial role in enhancing environmental sustainability in your community.
What’s in it for you? This program offers financial support without strict revenue or employee limitations, making it accessible for businesses of all sizes. Whether you're in construction, design, or planning, you'll find tailored assistance to elevate your projects and enhance your impact. Plus, since loans are available for planning and design, you can rest easy knowing that your investment goes further without burdening your operational costs.
Applying is straightforward and will put your business on the path to significant growth while contributing to vital environmental efforts. This funding can accelerate your projects, help you stand out in the market, and ultimately support a sustainable future for California.
Financing Details
Type of Financing
This program offers Construction Grant Funding and Construction Loan Funding.
Repayment Terms and Interest Rates
- For the Construction Grant Funding, there is no repayment required. It covers construction costs only.
- For the Construction Loan Funding, it can be used for planning, design, and construction costs. The repayment terms and interest rates will be specified at the time of funding, ensuring they are manageable for your business.
Eligible Expenses
Eligible expenses include:
- Construction costs (for grants)
- Planning, design, and construction costs (for loans)
Ineligible Expenses
Funds cannot be used for:
- Operation and maintenance costs.
Associated Fees
There may be some administrative fees, but these will be clearly outlined during the application process. It’s always best to check for any specific fees upfront to avoid surprises later.
Qualifications
Eligible Applicants:
- Local public agencies
- 501(c)(3) nonprofit organizations qualified to do business in California
- Public Utilities
- Federally and non-federally recognized Native American tribes on the Native American Heritage Commission’s list
- Mutual water companies
Eligible Communities:
- All community types are eligible, including:
- Small and large communities
- Non-disadvantaged
- Disadvantaged
- Severely disadvantaged
- All community types are eligible, including:
Employee and Revenue Qualifications:
- No minimum or maximum number of employees required
- No minimum or maximum revenue qualifications
Legal and Profit Structure:
- All legal structures are applicable
- All profit structures are applicable
Ineligible Uses:
- Operation and maintenance costs are not eligible for funding.
Description
This program offers grants and loans to support water recycling projects in California. If your business is involved in the construction of these projects, you can access funding for a range of activities. This includes building recycled water treatment facilities, establishing storage, distribution systems, and improving groundwater recharge. It's a valuable opportunity to enhance your business while contributing to environmental sustainability.
The funding is specifically for construction costs, with loans also available for planning and design stages. However, keep in mind that it does not cover operational or maintenance expenses. There is no specific budget limit set for this program, meaning there could be significant financial support available depending on your project scope and needs.
You can utilize this funding without any strict revenue or employee limitations, making it accessible to all types of businesses. With support tailored to your construction needs, this program is a smart choice to help your business grow while making a positive impact on water sustainability in your community.
Program Steps
Visit the Program Website
Go to the official program website for detailed information.Prepare Required Documentation
Gather the necessary documents for your application:- Project proposal outlining your water recycling project
- Construction cost estimates
- Business financial statements
- Design and planning documents (if applicable)
- Relevant licenses and permits for your business
Complete the Application Form
Fill out the application form available on the program website. Ensure all sections are completed accurately.Submit Your Application
Submit your application along with the prepared documentation through the online portal or via email, as directed on the website.Follow Up
Contact the program office after submission to confirm receipt and ask any questions about the review process.