The State Water Resources Control Board’s (State Water Board) Division of Financial Assistance has announced streamlining access to the Drinking Water State Revolving Fund (DWSRF), and making more projects eligible for DWSRF funding. The DWSRF is open to community and non-profit non-community water systems, large and small, public agencies or private entities. Funding can be awarded for planning and design as well as construction, and funding is provided in the form of 20-year loans, with extended term 30-year financing for some disadvantaged communities. Recent interest rates have ranged from 1.5 to 3 percent, dropping as low as zero for some disadvantaged communities. Full details on the streamlined DWSRF can be accessed here.
