The Federal Water Pollution Control Act (Clean Water Act or CWA), as amended in 1987, established the Clean Water State Revolving Fund (CWSRF)
program. The CWSRF program offers low interest financing agreements for water quality projects. Annually, the program disburses between $200 and
$300 million to eligible projects.
Eligible projects include, but are not limited to:
- Construction of publicly-owned facilities:
- Wastewater treatment
- Local sewers
- Sewer interceptors
- Water reclamation facilities; and
- Stormwater treatment
- Expanded use projects include, but are not limited to:
- Implementation of nonpoint source (NPS) projects or programs; and
- Development and implementation of estuary comprehensive conservation and management plan.
Eligible Applicants:
- Any city, town, district, or other public body created under state law
- A Native American tribal government or an authorized Native American tribal organization having jurisdiction over disposal of sewage, industrial
wastes or other waste
- Any designated and approved management agency under Section 208 of the Clean Water Act
Financing Terms
- Interest Rate - ½ most recent General Obligation (GO) Bond Rate at time of Preliminary Funding Commitment
- Financing Term - 20 Years; up to 30 years for small disadvantaged Communities
- Financing Amount - Maximum $50 Million per agency/per year (may be waived)
- Repayment - Begins 1 year after completion of construction
- Interest History
Applications are being accepted on a continuous basis...
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