Clean Water State Revolving Fund Overview The Clean Water Fund has been capitalized for 20 years and can fund individual projects up to $30 million. The Clean Water State Revolving Fund (CWSRF) Program was created by the 1987 amendments to the Federal Clean Water Act. The CWSRF Program replaced the earlier Construction Grants program. Congress provides funds for states to establish revolving loan programs for funding of wastewater treatment facilities and projects associated with estuary and nonpoint source programs. States provide 20% matching funds. Types of Funding Available Low-interest loans (1/2 of market interest rates) Limited amount of principal forgiveness loans 0% interest loans available for Green Projects and for rehabilitation projects for certain local government units Eligible Applicants Local Government Units (counties, cities, towns, sanitary districts, etc.) Eligible Projects Wastewater treatment Wastewater collection Reclaimed water Stormwater BMPs Stream restoration Energy efficiency at treatment works or collection systems Key Program Requirements Loan maximum is $30 million. Construction must start within 24 months of Letter of Intent to Fund. Closing fee of 2% (which cannot be financed). Local Government Commission (LGC) must approve all loans. Applications The CWSRF Program has two funding cycles per year, typically in March and September. Refer to Funding Program Application Information for detailed information on application deadlines and requirements. Contact Ken Pohlig PE at (919) 707-9170 or via email at ken.pohlig@ncdenr.gov with application questions. Application Training Applications Funding Process Regulatory Information Session Law 2014-100 Clean Water Act
Clean Water State Revolving Fund Overview The Clean Water Fund has been capitalized for 20 years and can fund individual projects up to $30 million. The Clean Water State Revolving Fund (CWSRF) Program was created by the 1987 amendments to the Federal Clean Water Act. The CWSRF Program replaced the earlier Construction Grants program. Congress provides funds for states to establish revolving loan programs for funding of wastewater treatment facilities and projects associated with estuary and nonpoint source programs. States provide 20% matching funds. Types of Funding Available Low-interest loans (1/2 of market interest rates) Limited amount of principal forgiveness loans 0% interest loans available for Green Projects and for rehabilitation projects for certain local government units Eligible Applicants Local Government Units (counties, cities, towns, sanitary districts, etc.) Eligible Projects Wastewater treatment Wastewater collection Reclaimed water Stormwater BMPs Stream restoration Energy efficiency at treatment works or collection systems Key Program Requirements Loan maximum is $30 million. Construction must start within 24 months of Letter of Intent to Fund. Closing fee of 2% (which cannot be financed). Local Government Commission (LGC) must approve all loans. Applications The CWSRF Program has two funding cycles per year, typically in March and September. Refer to Funding Program Application Information for detailed information on application deadlines and requirements. Contact Ken Pohlig PE at (919) 707-9170 or via email at ken.pohlig@ncdenr.gov with application questions. Application Training Applications Funding Process Regulatory Information Session Law 2014-100 Clean Water Act
