Characteristics of Projects Funded Under the Farmers Home Administration's Water and Waste Water Disposal Program
Judith N. Collins
No 324688, Staff Reports from United States Department of Agriculture, Economic Research Service
Abstract:
The Farmers Home Administration has been a source of grants and low-cost loans for rural water and sewer facilities since 1965, and has made about 20,000 loans and 10,000 grants since then. A random sample of 327 projects funded in fiscal 1978 was studied to determine characteristics of FmHA-funded systems and communities served. Generally funds were used to build systems with fewer than 300 hookups and grants covered 40 percent of cost. FmHA tries to provide enough grant money so that debt service on the loan is 1 percent of family income. Average debt service relative to income did not significantly differ between communities; total user charges were significantly higher relative to income in poorer communities, however.
Keywords: Community/Rural/Urban Development; Public Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 35
Date: 1982-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerssr:324688
DOI: 10.22004/ag.econ.324688
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