Download - 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

http://www.mass.gov/dep/water/wastewater/wastewat.htm

http://www.mass.gov/dep/water/wastewater/wastewat.htm

mailto:[email protected]