Wastewater Financial Assistance
Wastewater Financial Assistance
Clean Water State Revolving Fund
Missouri’s Clean Water State Revolving Fund (SRF) loan program provides low-interest financing to construct wastewater and stormwater projects that improve water quality. As loans are repaid, money is available to be used again for new financings, thus making the program a "revolving fund."
Congress established the Clean Water State Revolving Loan program in 1987 through an amendment to the Clean Water Act to provide states with a financing mechanism for a wide range of water infrastructure projects. The program was further refined in 2014 by the Water Resources Reform and Development Act. Missouri gives priority to fund eligible projects that address the highestpriority water quality needs using a priority point system.
Loan terms include a 20 year payback period (extended term may be available) and a subsidized interest rate is 30 percent of the 20-year AAA-rated, general obligation bond Municipal Market rate the week prior to loan closing. Loans may be paired with grant funds to offset a project’s total loan amount. Grants are available on a limited basis to eligible small communities based on affordability criteria and are for wastewater infrastructure projects only.
In order to be eligible, applicants must be capable of demonstrating fiscal sustainability and an ability to repay.
Political subdivisions (including counties, incorporated cities and towns, regional water or sewer districts) may apply for financing through the Clean Water SRF loan program for the following types of projects:
- Wastewater treatment plant improvements and upgrades
- Sewer line extensions to existing unsewered properties
- Combined sewer overflow corrections
- Infiltration/inflow projects
- System security, efficiency and conservation measures
Political subdivisions (including counties, incorporated cities and towns, regional water or sewer districts) and privately-owned and not-for-profit facilities may apply for financing through the Clean Water SRF loan program for the following types of projects:
- Nonpoint source projects
- Decentralized wastewater treatment systems assistance for the construction, repair, or replacement of decentralized wastewater treatment systems that treat municipal wastewater or domestic sewage
- Measures to manage, reduce, treat, reuse or recapture stormwater or subsurface drainage water
- Projects for reusing or recycling wastewater
How to Apply
The first step towards receiving Clean Water SRF assistance is to submit an application form to be evaluated for a funding commitment. Projects that are prioritized for available funding will be listed in the annual SRF Intended Use Plan. Listing indicates a non-binding commitment to fund the project pending successful progress through the SRF process by the applicant. Once listed on the plan, a project coordinator will be assigned, and will work with applicant to develop a project schedule. The project coordinator will assist the applicant with each step of the SRF funding process.
Applications to compete for a Clean Water SRF funding commitment in the next fiscal year are due Jan. 15. However, applications may be accepted at any time; project additions may be made to the Intended Use Plan up to four times per year. Only applications received by the deadline may be considered for grant funds and have first preference for available loan funds.
Contact the Financial Assistance Center’s Clean Water Coordinator Unit at 573-751-1192 or email@example.com for more information.
Fiscal Year 2019 Clean Water SRF Intended Use Plan – Adopted Oct. 18, 2018
Fiscal Year 2019 Clean Water SRF Intended Use Plan - Amended Jan. 9, 2019
Fiscal Year 2019 Clean Water SRF Intended Use Plan – Amended April 29, 2019
Clean Water State Revolving Fund Application, Form--MO 780-1951
Fiscal Year 2018 Clean Water SRF Intended Use Plan – Adopted Nov. 6, 2017
Fiscal Year 2018 Clean Water SRF Intended Use Plan – Amended Jan. 4, 2018
Fiscal Year 2018 Clean Water SRF Intended Use Plan – Amended April 4, 2018
Clean Water State Revolving Fund Grant Eligibility Evaluation
The department adopted the Clean Water State Revolving Fund Grant policy on Sept. 10, 2018. The Financial Assistance Center will award Clean Water State Revolving Fund Grant funding based on the project's affordability as determined using the Clean Water SRF Grant Eligibility Evaluation form and the availability of grant funding.