---
kind: "section"
citation: "7 C.F.R. § 1776.7"
title: "7"
number: "1776.7"
heading: "DWS Grant application process."
url: "https://uscodex.org/cfr/7/1776.7"
---

# §1776.7. DWS Grant application process.

- (a) The applicant must complete and submit the following standard forms to RUS to apply for a DWS grant under this part:
  - (1) **Application for Federal Assistance—** Standard Form 424,
  - (2) **Budget Information—** Non-Construction Programs: Standard Form 424A, and
  - (3) **Assurances—** Non-Construction Programs: Standard Form 424B.
- (b) The applicant must submit a written work plan that demonstrates the feasibility of the applicant's lending program to meet the objectives of this part.
- (c) The applicant should submit a narrative establishing the basis for any claims that it has substantial expertise in promoting the safe and productive use of individually-owned decentralized water systems. The Secretary will give priority to an applicant that demonstrates it has substantial experience of this type.
- (d) The applicant must submit:
  - (1) A pro forma balance sheet at start-up and projected balance sheets for at least three additional years,
  - (2) Financial statements for the last three years, or from inception of the operations of the grant recipient if less than three years, and
  - (3) Projected cash flow and earnings statements for at least three years, supported by a list of assumptions showing the basis for the projections. The projected earnings statement and balance sheets must include one set of projections specific to the revolving loan fund, and a separate set of projections that detail the proposed applicant organization's total operations.
- (e) The applicant may submit such additional information as it elects to support and describe its plan for achieving the objectives of this part.

## Notes

### Authority

Authority: 7 U.S.C. 1926e.

### Source

Source: 70 FR 28788, May 19, 2005, unless otherwise noted.