United States Environmental Protection Agency Office of Water (4204) Washington, DC 20460 EPA 832-F-99-051 May 1999 The Clean Water State Revolving Fund Program An Innovative Partnership... THE Clean Water State Revolving Fund (CWSRF) program is an innovative method of financing a range of environmental projects. Under the program, the EPA provides grants or "seed money" to all 50 states plus Puerto jljpqlo capitalize state loan funds. The states,Jn-lurr" make loans to communities, Jodillftols^M 1 f 1 • 1 • . ^fv^iSfff-' others for high-pnonty wa|^4^J*y activities. As money is paid back iniojiieleevMving fund, new , , . . '. . loans are made to in maintaining Currently, the pro? in assets. The CWSRF pro] between EPA and thl flexibility to provide fun< address their highest-priority While traditionally used to build wastewater treatment plants, loans are increasingly for: A major benefit for municipalities and other loan recipients is the substantial financial savings they can realize. When funded with a loan from this program, a project typically costs much less than it would if funded through the bond market. Many states offer low or no interest rate loans to small disadvantaged communities, providing an tiojial incentive to getting projects started. For commuiuor jj^ •*»*' percet of the total a zero-percent loan to a %aving the communitv 50 ^s-^'^i'^^'v J sts over a similar loan also ^aJ^te&State'Revolving Fund program's primary mission is to promote water quality. Besides financial savings, loan recipients can realize significant environmental benefits, protection of public health and Igal watersheds. Loans for such tend to stimulate local •aging commercial so • agricultural, rural, and urbanrunoff control^ • estuary improvemej • wet weather floj stormwater • alternative tn • water reuse and col Mgible. it's in it for you? *g The program allows federal, state, and \ agencies te leverage limited dollars. Becaus the funds' revolving nature, the federal investment can result in the construction of up to four times as many projects over a 20-year period as a one- time grant. Besides financial savings, loan recipients can realize significant environmental benefits.... SINCE the largely by the states, varies according to each and priorities. Eligible loan ay include communities, individuals, is' groups, and non-profit organizations. __^ funds may be used to better the quality of watersheds through a wide range of water-quality related projects; loans may also be used for the protection of groundwater resources. Together with its partners, the EPA continually seeks ways to improve the program so that its resources will effectively address the nation's highest-priority water quality issues. Recently, state programs have begun to devote an increasing volume of loans to nonpoint source, estuary management, and other water-quality projects. ------- Eligible nonpoint source projects include virtually any activity that a state has identified in its nonpoint source management plan. Such activities include projects to control runoff from agricultural land; conservation tillage and other projects to address soil erosion; development of streambank buffer zones; and wetlands protection and restoration. Estuary management proj ects may include any of the activities above, as well as restocking fish, restoration of wildlife habitat, provision of marine sewage pump-out facilities, and others. control activities, including stormwater and sanitary and combined sewer control measures, are also eligible for funding. The EPA encourages its state partners to use watershed planning and develop integrated priority setting systems to choose projects that address the greatest remaining environmental challenges. Because of its flexibility and its focus on environmental results, the State Revolving Fund program is a common-sense partnership to. improve America's water resources. Q Supporting Cleaner JandSafer^ Water;America's Clean Water Act •rphe Clean Waterr*AcBs:the' prirna JL legislation for pro^^^ suchTas *riyefs, Act has cent^ rMIlly4^^ Wo'logical -mte^^-o£qin-Ma^^S^|^^^^5 building ; -or -^g treatmen iActt Recipients may use loans for the planning, design, and construction of publicly owned wastewater treatment facilities or to build or rehabilitate sewer collection systems. Urban wet weather flow For more information* about the Clean Water State Revolving Fund, or for a program representative in your state, please contact: Clean Water State Revolving Fund Branch U.S. Environmental Protection Agency 401 M Street, SW (Mailcode 4204) Washington, DC 20460 Phone: (202) 260-7359 Fax: (202) 260-1827 Internet: http://www.epa.gov/owm Clean Water State Revolving Fund * Individual factsheets on using the CWSRF to fund Wetlands, Estuaries, Brownfields Remediation, and Polluted Runoff Abatement are now available. Many more factsheets are under development. Visit our website for further details and updates. ------- |