Clean Water State Revolving Fund
Clean Water State Revolving Fund
The Clean Water State Revolving Fund (CWSRF) is a financial assistance program in the United States designed to support the construction, expansion, and improvement of wastewater treatment facilities and other water quality management projects. The program is administered by the Environmental Protection Agency (EPA) in collaboration with individual states.
History[edit | edit source]
The CWSRF was established by the Water Quality Act of 1987, which amended the Clean Water Act (CWA). The program replaced the previous system of federal grants with a revolving loan fund, allowing states to provide low-interest loans for water quality projects. The goal of the CWSRF is to ensure the long-term sustainability of water infrastructure and to protect public health and the environment.
Funding[edit | edit source]
The CWSRF is funded through a combination of federal capitalization grants and state matching funds. Each state is required to contribute a 20% match to the federal funds. The program operates as a revolving fund, meaning that loan repayments and interest earnings are recycled back into the fund to finance additional projects.
Eligible Projects[edit | edit source]
Projects eligible for CWSRF funding include:
- Construction and improvement of wastewater treatment plants
- Nonpoint source pollution control projects
- Estuary protection and management
- Stormwater management projects
- Water reuse and recycling projects
Loan Terms[edit | edit source]
CWSRF loans typically offer below-market interest rates and flexible repayment terms, which can extend up to 30 years. States have the authority to set specific loan terms and conditions, including interest rates and repayment schedules.
Benefits[edit | edit source]
The CWSRF program provides numerous benefits, including:
- Improved water quality and public health protection
- Enhanced environmental protection and sustainability
- Economic benefits through job creation and infrastructure investment
- Support for state and local water quality management efforts
Administration[edit | edit source]
Each state administers its own CWSRF program, with oversight and guidance from the EPA. States are responsible for developing annual Intended Use Plans (IUPs) that outline how they will use the funds, including project priorities and funding allocations.
See Also[edit | edit source]
- Clean Water Act
- Environmental Protection Agency
- Water Quality Act of 1987
- Wastewater treatment
- Nonpoint source pollution
- Stormwater management
- Water reuse
References[edit | edit source]
External Links[edit | edit source]
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