Water Infrastructure Finance and Innovation Act Program (EPA)
EPA’s WIFIA program provides low-cost credit financing for water, wastewater, and stormwater infrastructure projects. Gives special consideration for small communities Application cycle: EPA will accept letters of interest on a rolling basis; there is no deadline for submissions. Letters of Interest may be submitted on an ongoing basis beginning on September 9, 2024. Summary: Communities […]
Rural Development Water and Environmental Programs (USDA)
Does not require a cost share or matching funds Gives special consideration for small communities Allows in-kind services to contribute toward nonfederal cost share requirements Summary: Small municipalities can leverage the United States Department of Agriculture’s (USDA) Water and Environmental Programs (WEP), the federal government’s only set of 10+ programs exclusively focused on the water […]
Drinking Water State Revolving Fund (EPA)
Gives special consideration for small communities Summary: The EPA’s Drinking Water State Revolving Fund (DWSRF) provides financial support to small municipalities for projects aimed at preserving the availability of clean drinking water. Small municipalities can leverage funding to incorporate flood resilience measures into efforts to improve, rehabilitate, or replace water infrastructure and create new water […]
Community Development Block Grant — Section 108 Loan Guarantee Program (HUD)
Does not require a cost share or matching funds Summary: HUD’s CDBG Section 108 Loan Guarantee Program allows local governments to transform a portion of their CDBG funds into low-cost, federally guaranteed loans for economic development, housing rehabilitation, public facilities, and other physical infrastructure projects, including those to increase resilience to natural disasters. While these […]
Clean Water State Revolving Fund (EPA)
Summary: Small municipalities should consider leveraging the Environmental Protection Agency’s (EPA) Clean Water State Revolving Fund (CWSRF) if they require a source of low-cost financing to address stormwater concerns or create a green infrastructure project, including those that provide flood resilience and risk reduction. This is a program supported by EPA and administered by states. […]
