As part of the loan agreement with USDA-RD there is a clause requiring
"Interim Financing - for all loans exceeding $500,000, where funds can be borrowed
at
reasonable interest rates on an interim basis from commercial sources
for
the construction period. . . ."
IRWA is excited to announce that a new interim loan program is now available
for
systems
whose long term debt holder will be Rural Development.
Please contact Frank Dunmire for more information.