September 29, 2015

The FY 2015 Annual Report for the Clean Water and Drinking Water SRF programs is now available:

Here are some of the highlights for the year:

The SRF reached a major milestone during SFY, surpassing the $2.5 billion mark in assistance provided. 

 Because the funds are continually being loaned out and repaid with interest, the SRF continues to grow. This source of financing will continue to meet future needs for a wide variety of water issues.
 
A total of $218 million was committed in loans executed during SFY 2015, doubling the amount committed during the previous fiscal year. The total included:
 
  • $70 million to design and construct wastewater treatment upgrades, sewer rehabilitation, combined sewer overflow correction, and new collector and interceptor sewers.
  • $106 million to design and construction water treatment, storage, and water supply projects. 
  • $42 million for nonpoint source projects to prevent soil erosion, manage manure, replace inadequate septic systems, improve storm water quality, and conserve land for water quality and habitat protection.