The Massachusetts State Revolving Fund Loan Program.
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The Massachusetts The Massachusetts State Revolving State Revolving Fund Loan Program Fund Loan Program
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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 ([email protected])
orPhone: 617-292-5523
