Posted opportunity — confirm at source

Drinking Water State Revolving Fund (DWSRF) Construction

State Water Resources Control Board · 1053

Matching funds & resources

Source matching-funds field: Not Required.

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

The Division of Financial Assistant (DFA), State Water Board manages the DWSRF program and prioritizes financing for projects that address the most serious human health risks, are necessary to comply with SDWA, and assist public water systems (PWS) most in need on per household basis. Periodically funding programs that help provide clean and safe water are used in combination with the DWSRF program. Eligible community water systems (CWS) currently may receive principle forgiveness (PF)/grant from $2,000,000 up to 100% of total eligible project cost depending on the project types, community served by the CWS, and residential water rates as a percentage of MHI. Financing terms varies from 0% interest to half of California's average general obligation bond rate for the previous calendar year. Repayment may be amortized for 30 to 40 years or the useful life of he financed construction facilities. Construction of water systems' infrastructures (treatment facilities, water sources, storages, and distribution systems) and contingency of change orders are common eligible construction cost. Additional eligible construction cost examples are value appraisal and land purchase for right-of-way and easements, planning and design, administration, and construction management. Applications for the DWSRF program and associated funding are accepted on a continuous basis. After DFA receives a complete application, a detailed technical, environmental, legal, and financial review is conducted to determine the applicant’s eligibility for DWSRF and associated drinking water funding.

Funding geography: Not specified — review source. A funder’s address does not establish eligibility.

Funding instrument: Grant; Loan. Issuing jurisdiction: California. This is not a geographic eligibility determination.