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 treatment facilities:
- Wastewater treatment
- Local sewers
- Sewer interceptors
- Water reclamation facilities and distribution
- Stormwater treatment
- Combined sewers
- Landfill leachate treatment
- Implementation of nonpoint source (NPS) projects to address pollution associated with:
- Urban Areas
- Development and implementation of estuary comprehensive conservation and management plans for:
- San Francisco Bay
- Morro Bay
- Santa Monica Bay
- Any city, town, district, or other public body created under state law, including state agencies
- 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
- 501(c)(3)'s and National Estuary Programs
- Interest Rate - ½ most recent General Obligation (GO) Bond Rate at time of funding approval
- Financing Term - up to 30 years or the useful life of the project
- Financing Amount - No maximum funding limit! No maximum disbursement limit!
- Repayment - Begins 1 year after completion of construction
- Financing Agreements Executed - 95% of complete applications received by the CWSRF should receive an executed financing agreement in 9 months or less.
- Disbursement Requests Fullfilled - 100% of complete disbursement requests received by the CWSRF should be approved and paid within 30 days or less.
Applications are being accepted continuously.