Blog/News
Recently, SERCAP’s Facilities Development Grant Program assisted the Keysville Well Project in the Town of Keysville in Charlotte County, Virginia. The initial well system was established in the 1900s, but since the 1970s the Town had utilized a reservoir (initially built due to the opening of several factories in the area), which provided 0.77 Million Gallons per Day (MGD) and used a conventional slow sand filtration water treatment plant (WTP)...
Southeast Rural Community Assistance Project, Inc.’s (SERCAP) certified CDFI (Community Development Financial Institution) Loan Fund has been an intermediary for USDA RD’s Individual Household Well Loan program since 2005 (approximately 16 years). The low-interest Individual Household Well Loan Product allows SERCAP to provide low-interest (1%) to low-to-moderate income (LMI) households in order to repair or replace a damaged and/or failing (dry) drinking water well. Eligible applicants can borrow up to $11,000.00 with an interest rate of only 1%, and up to a 10-year loan term...
Over the past few years, SERCAP’s Regional Department has worked with the Town of Port Royal in Caroline County, VA, along with other community partners, to move their water system from a dilapidated, fiscally distressed state, to one with new facilities and a management approach that promotes fi