The Clean Water State Revolving Fund (CWSRF) loan program administered by the Iowa Department of Natural Resources may be of value to you in financing new wastewater construction projects. The CWSRF loan funds can be used by municipalities and sanitary districts to finance the design and construction of almost all publicly owned wastewater treatment and conveyance improvements. The Iowa Department of Natural Resources is accepting applications from Iowa communities for the use of SRF loan funds. Small and large municipalities as well as sanitary districts have received SRF loan assistance from the Department. To date, the Iowa Department of Natural Resources has made over 200 CWSRF loans for a total exceeding $330 million.

The SRF program offers an attractive means of financing wastewater treatment improvements. The estimated interest payment savings realized using an SRF loan compared to other means of financing could be as high as $270,000 over the 20 year life of a $1,000,000 project. Besides the attractive interest rates, these loans need not tie up a city's G.O. bonding capacity. The loan is similar to revenue bonding since user charge revenues are normally used to secure the loan.

• Municipal Wastewater Treatment Loan Program
• Non-point Source Loan Program