July 28, 2016

Two updated forms are now available.  Applicants should begin using these new forms immediately.

1) Exhibit 3:  Drinking Water SRF Intended Use Plan application. The form, which is included in the Water Supply Construction Manual, has been updated to reflect the new policy of allowing extended term financing for additional DWSRF projects.  Most SRF loans are up to 20 years.  Previously, only disadvantaged communities could obtain extended term DWSRF loans of 20 to 30 years.  Now, any community can apply for an extended term.  To qualify, the average useful life of the project is determined using Exhibit 8, the extended term financing worksheet.

2) Environmental Review Checklist.  This form is Exhibit 4 in the Water Supply Construction Manual and Exhibit 5 in the Wastewater Construction Manual.  The form has been updated to allow the SRF environmental review specialists to collect more and better information upfront.  This will help avoid delays in starting environmental reviews and ensure that the process is begun with accurate data.

For more information, contact Patti Cale-Finnegan, DNR SRF Coordinator, 515-725-0498, patti.cale-finnegan@dnr.iowa.gov.