Clean Water State Revolving Fund
Recommendation
Reauthorize the program and provide $3.4 billion in funding for Fiscal Year 2022.
Background
Established in 1987, the Clean Water State Revolving Fund (CWSRF) is a state-federal partnership that provides low-interest loans to communities for the construction of municipal wastewater facilities, stormwater management projects, and other water quality projects including all forms of water reuse. Publicly-owned utilities and privately-owned water reuse facilities are eligible for funding.
The U.S. Environmental Protection Agency allocates funding to states who administer the program. States contribute an additional 20% in matching funds and many leverage federal dollars using financing tools, such as bonds, to provide additional funding for projects. Loan repayments are used to support new projects, hence the revolving nature of the program.
Benefits
- Communities can leverage federal funding to finance needed water infrastructure.
- Low-interest loans create a recurring source of funding for critical infrastructure.
To learn more about how the WateReuse Association’s advocacy efforts, visit Advocacy in Action.
Funding History
Budget Year | Funding in Billions $ |
---|---|
2021 | $1.64 |
2020 | $1.64 |
2019 | $1.69 |
2018 | $1.69 |
2017 | $1.39 |
2016 | $1.39 |
2015 | $1.45 |
2014 | $1.4 |
2013 | $1.3 |