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 highest priority 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% 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.
Political subdivisions (including counties, incorporated cities and towns, regional water or sewer districts) may apply for financing through the Clean Water SRF loan program. Eligible projects include:
- 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.
- 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.
Nonprofit and privately-owned entities may be eligible to apply for nonpoint source projects.
All applicants must demonstrate technical, managerial and financial capability to participate in the program.
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 March 1. 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 firstname.lastname@example.org for more information.
Fiscal Year 2020 Clean Water State Revolving Fund Intended Use Plan – Adopted Oct. 9, 2019
Fiscal Year 2020 Clean Water State Revolving Fund Intended Use Plan - Amended Jan. 9, 2020
Clean Water State Revolving Fund Application, Form--MO 780-1951
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 Affordability Grant
The Clean Water State Revolving Fund (SRF) may provide grants in coordination with loan funds to assist eligible applicants who would otherwise have difficulty financing projects without additional subsidization. Grant eligibility is based on the project’s affordability as determined using the Clean Water SRF Grant Eligibility Evaluation form and the availability of grant funding.
Clean Water State Revolving Fund Regionalization Incentive Grant
The Clean Water State Revolving Fund (SRF) Regionalization Incentive Grant is offered to municipalities to plan and construct a connection to receive and treat wastewater from a nearby, struggling facility. An annual application cycle will be announced when funds are available. See the application linked below for the current year’s deadline. Applications will be prioritized and awarded through a competitive scoring process described in the guidance below.