The Massachusetts State Revolving Fund Loan Program.

Post on 28-Dec-2015

214 views 0 download

Transcript of The Massachusetts State Revolving Fund Loan Program.

The Massachusetts The Massachusetts State Revolving Fund State Revolving Fund

Loan ProgramLoan Program

State Revolving Fund Loan ProgramState Revolving Fund Loan Program

2% Interest Loans to cities, towns,water suppliers, and wastewater districts for

infrastructure and other projects to improve public health and environmental resources.

Total CWSRF Funds for 2010 = $350 million

Total DWSRF Funds for 2010 = $110 million

Total Funds Available Includes EPA GrantsTotal Funds Available Includes EPA Grants Total Grant for CWSRF Projects = $69 million

Total Grant for DWSRF Projects Funds = $25.3 million

20% of grant money must fund Green Projects

($13.8 million for CWSRF Green Projects)

($5.06 million for DRSRF Green Projects)

Congress requires a portion of the funds be allocated towards “Principal Forgiveness”

($10.36 million for CWSRF Projects)

($7.6 million for DRSRF Projects)

SRF Selection Process

• Develop priorities around public health and environmental concerns

• Craft selection criteria to favor projects that support those goals

• Incorporate public participation• Advertise availability

– Cities, towns, PWS, Wastewater Districts, Environmental Consulting Companies, Government Agencies

SRF Project Selection Criteria

• Public Health– Exposures– Frequencies– Seriousness

• Environmental Impacts– Resource affected– Frequency– Seriousness

SRF Criteria (cont.)

• Planning for Project– Needs analyzed

– Options reviewed

– Recommended option selected

• Programmatic biases– 15% weighting for energy

efficiency/renewables

– 10% weighting for sustainable development principles- CommCap

– Compliance and Enforcement issues

– Regional solutions

SRF Criteria (cont.)

• Project Effectiveness– Reduction in

violations

– Restoration of designated use

– Protects resources/prevents problems

• DW SRF– Affordability

criteria

Current Status & Next Steps: DEP

• Final list for 2010 projects recently announced

• MassDEP currently reviewing criteria that will be used in selecting 2011 projects

Current Status & Next Steps: Applicants

• Proposals for 2011 round of funding due by August 31, 2010

• Strongly recommend submittals include energy efficiency and energy renewable components.

ADDITIONAL INFORMATION• MassDEP SRF Web Pagewww.mass.gov/dep/water/wastewater/wastewat.htm

• Contact info:John Felix (John.felix@state.ma.us)

orPhone: 617-292-5523