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Water Boards: Financial Assistance Programs - Grants and Loans

Financial Assistance Programs - Grants and Loans

STATE REVOLVING FUND LOAN PROGRAM

 

ANNOUNCEMENTS FUNDING
INFORMATION
CONTACT
INFORMATION
REFERENCE
MATERIAL
FUNDED
PROJECTS

The Federal Water Pollution Control Act (Clean Water Act or CWA), as amended in 1987, provides for establishment of a State Revolving Fund (SRF) loan program. The program is funded by federal grants, State funds, and Revenue Bonds. The purpose of the SRF loan program is to implement the CWA and various State laws by providing financial assistance for the construction of facilities or implementation of measures necessary to address water quality problems and to prevent pollution of the waters of the State.

The SRF Loan Program provides low-interest loan funding for construction of publicly-owned wastewater treatment facilities, local sewers, sewer interceptors, water reclamation facilities, as well as, expanded use projects such as implementation of nonpoint source (NPS) projects or programs, development and implementation of estuary Comprehensive Conservation and Management Plans, and storm water treatment.

ANNOUNCEMENTS

bullet  If you would like to receive information about this program by email, please subscribe online to our mailing list, "Clean Water State Revolving Fund".

  • New ! 2008/2009 Clean Water State Revolving Fund Updated Preliminary Priority List

    The Division of Financial Assistance is updating the Clean Water State Revolving Fund (CWSRF) Program Project Priority List (PPL) for State Fiscal Year 2008/2009. This year CWSRF is utilizing the Financial Assistance Application Tool (FAAST) to accept all applications.

    The clerical comment period for additions, deletions, and changes to the 2008/2009 Preliminary PPL closed on May 26, 2008. The 2008-2009 Updated Preliminary PPL is now available, and the FAAST applications have opened again.

    The FAAST applications will close on July 12, 2008. The Final 2008-2009 PPL will be considered by the State Water Board on August 5, 2008. For more information on the schedule, please see the complete 2008-2009 CWSRF PPL updated adoption schedule.

    For applicants with new projects NOT on the 2008-2009 Updated Preliminary PPL, you may still add projects to the PPL during this period. Please select Instructions for New Projects and follow the directions to add your project to the 2008/2009 Updated Preliminary PPL.
  • AB1742
    The bill authorizes the State Water Resources Control Board to assess a specified annual charge with regard to a loan made under the Clean Water State Revolving Fund Loan Program. (12/24/07)

FUNDING INFORMATION

Eligible Applicants: POTWs - local public agencies
NPS - local public agencies, non-profit organizations, and private parties
Eligible Project Types: Publicly-owned wastewater treatment facilities, local sewers, sewer interceptors, and water reclamation facilities, as well as, nonpoint source pollution control projects (see SRF Policy for more information)
Funding Available: $200-$300 Million Annually
Fund Source: Federal and State Funds and Revenue Bonds
Loans or Grants: Loans (20 year term with an interest rate equal to one-half the most recent State General Obligation Bond Rate, typically 2.5% to 3.5%)
Applications: Continuous Application Process, Currently accepting applications

CONTACT INFORMATION

Christopher Stevens, Chief
Project Development Section 3
(916) 341-5698
cstevens@waterboards.ca.gov

REFERENCE MATERIALS

FUNDED PROJECTS