Overview
The Livestock Water Quality Program (LWQ) offers low-interest loans through participating lenders to Iowa livestock producers for projects to prevent, minimize or eliminate non-point source pollution of Iowa’s rivers and streams from animal feeding operations.

Eligibility

  • Development of manure management plans
  • Lagoons
  • Manure management structures
  • Roofed manure storage structures
  • Vegetative filters
  • Assistance is limited to existing facilities for animal feeding operations with less than 1,000 total animal unit capacity (AUC).
Process
  • Prior to receiving a loan, the landowner must receive project approval from the local Soil & Water Conservation District.
  • Local lender originates loans of $10,000 and above with a maximum term of 15 years, depending on the useful life of the project.
  • The interest rate charged the borrower will not exceed 3%.
  • IFA will deposit funds equal to the principal amount of the loan at 0% interest.
  • The deposit does not guarantee the loan nor is it collateral for the loan. The deposit is only to reduce the interest rate charged to the borrower.
  • Annually, IFA will withdraw from the deposit account an amount equal to the principal repayment of the outstanding loan. As a result, the amount in the deposit account will equal the principal outstanding on the loan.
  • All costs directly related to the design, permitting, construction and financing of the water pollution control facilities are eligible. Costs for development of a manure management plan, nutrient management plan or comprehensive nutrient management plan are also eligible.
Borrower Project Application Process:
  1. The borrower works with the local Soil & Water Conservation District on the project. For more information on project eligibility or approval, contact Tony Toigo, 515-281-6148, or visit the Iowa Department of Agriculture web site.  
 
Borrower Loan Application Process:
  1. The borrower will work with a local participating lender to complete the lender’s normal loan application process. IFA accepts new participating lenders on an ongoing basis, more information for lenders is available here.
  2. When the loan is approved by the local lender, the lender completes the online application
 
Program Resources
Lender Application Information
Application            
Testimonial

         

The low-interest loan made a huge difference in my livestock water quality project. The people I worked with were helpful and the paperwork was simple. 

Justin Rozeboom
Sioux County

Program Contacts

Borrower Contact:
Tony Toigo
Iowa Department of Agriculture and Land Stewardship
515-281-6148

Lender Contact:
Jane Larson
Iowa Finance Authority
800-432-7230