Household Water Well Program Funding Information
(Picture: Water well casing with a green well cap sticking up out of a lawn)
HOMEOWNERS
HOUSEHOLD WATER WELL PROGRAM
RLF FACT SHEET
Loan
- Maximum loan amount: $11,000
- Interest rate: 1%
- Maturity may not exceed 20 years and will depend on repayment ability.
- Associated loan costs (credit report, recording fees and loan fees) are at the borrower's expense and can be included in the loan.
Available
Illinois
Indiana
Ohio
Michigan
Wisconsin
CALL VALERIE
1-800-775-9767 vjvanfleet@glcap.org
Program
- Residence must be in a rural community (i.e. townships, villages, counties, etc.) with a population not exceeding 50,000.
- Funds are available for water well improvements and in home water treatment systems.
- Applicants must own and occupy the home being improved or be purchasing the home.
- New home construction and community water systems are not eligible.
- Household income may not exceed: Illinois - $52,972; Indiana - $44,613; Ohio - $45,090; Michigan - $45,413; Wisconsin - $49,001
This loan is supported by a grant from the United States Department of Agriculture, Rural Utilities Service. GLCAP is an equal opportunity provider, employer and lender.
Effective November 1, 2023