The State of the Water Industry report provides valuable insights into critical topics such as capital improvement funding, aging infrastructure, and AI integration. Has your utility benefited from federal infrastructure funding? If AWWA can feature your project in its advocacy efforts, please fill out this form. For more information, visit /keepfundsflowing.
Revolving Fund Program
- The EPA estimates that over the next 20 years, U.S. drinking water systems will need to invest $625 billion for repairs and upgrades, and wastewater and stormwater systems will need to invest $630 billion.
- AWWA’s Water 2050 initiative seeks to establish a long-term vision of the future of water.
- Proposed budget cuts in the U.S.
- WIFIA uses a small congressional appropriation to cover the credit subsidy cost for low-interest, long-term loans, enabling the program to support up to $100 in project financing for every $1 invested by the federal government.
- SRF and WIFIA loans provide low-cost financing that makes important projects possible, particularly for smaller utilities with smaller budgets.
The SRFs are state-managed loan programs that reinvest money as loans are paid off, so funds can be used for other projects. In part because loan repayments revolve back into the fund, every $1 invested in the SRFs results in $2 in infrastructure improvements. Proposed budget cuts in the U.S. Congress threaten to reduce funding for loans under the State Revolving Fund (SRF) and Water Infrastructure Finance and Innovation Act (WIFIA) — critical financing for countless infrastructure improvements across the United States.
Revolving Funds for Financing Water and Wastewater Projects Program (US)
National recognition for CWSRF funded projects for exceptional accomplishments in promoting human health and improving water quality. AWWA has already shared stories from Colorado, Florida and Utah that showcase the magnitude of improvements that are possible with these loans. The EPA estimates that over the next 20 years, U.S. drinking water systems will need to invest $625 billion for repairs and upgrades, and wastewater and stormwater systems will need to invest $630 billion. AWWA’s Career Center connects water community talent with opportunity. Official websites use .govA .gov website belongs to an official government organization in the United States. AWWA’s Water 2050 initiative seeks to establish a long-term vision of the future of water.
- Official websites use .govA .gov website belongs to an official government organization in the United States.
- The State of the Water Industry report provides valuable insights into critical topics such as capital improvement funding, aging infrastructure, and AI integration.
- A platform designed to help you discover new donors and secure grant opportunities.
Revolving Funds for Financing Water and Wastewater Projects Program (US)
A platform designed to help you discover new donors and secure grant opportunities. You’ll be redirected to Login.gov to sign in or create an account. Then, you’ll return to Simpler.Grants.gov as a signed-in user. Use your Login.gov account to sign in to Simpler.Grants.gov. To use more advanced features or to apply, go to Grants.gov.
Grants.gov Program Management Office
Grant recipients will set up a revolving loan fund to provide loans to finance predevelopment costs of water or wastewater projects, or short-term small capital projects not part of the regular operation and maintenance of current water and wastewater systems. The Revolving Funds for Financing Water and Wastewater Projects Program is designed to help qualified nonprofit organizations create revolving loan funds that can provide financing to extend and improve water and wastewater disposal systems in rural areas. WIFIA uses a small congressional appropriation to cover the credit subsidy cost for low-interest, long-term loans, enabling the program to support up to $100 in project financing for every $1 invested by the revolving funds for financing water and wastewater projects federal government. In 2024, EPA closed 18 loans and provided nearly $2 billion in financing to support more than $4 billion in projects. SRF and WIFIA loans provide low-cost financing that makes important projects possible, particularly for smaller utilities with smaller budgets.