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CA Water Board Authorizes $960 Million for Recycled Water Projects

Date: February 18, 2016

Due to high demand, the California State Water Resources Control Board (State Water Board) expanded its 1 percent financing availability for recycled water projects on February 16 to approximately $960 million as California continues to shore up its water supplies in the face of record-breaking drought.

Under the resolution, the State Water Board upped the amount of money available from $800 million to approximately $960 million in 1 percent financing for near-term recycled water projects funded through the Clean Water State Revolving Fund (CWSRF), as set under Resolution No. 2014-0015. The new resolution allows the Division of Financial Assistance to approve 1 percent financing for all eligible recycling projects that have filed a complete application by the Dec. 2, 2015, deadline.

There are 36 projects eligible for the 1 percent financing that could potentially produce an additional 150,000-acre feet of recycled water annually. The 1 percent loans – approximately half the current interest rate – are for water recycling projects that can be completed within three years of the Governor Edmund G. Brown Jr.’s State of Emergency proclamation issued on Jan. 17, 2014.

Among the projects that will be eligible for funding are recycled water treatment, distribution and storage facilities.

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