Iowa State Revolving Fund

11/10/2022 | Press release | Distributed by Public on 11/10/2022 12:10

First Round FFY 2022 BIL Loan Forgiveness Awards Announced

The first SRF loan forgiveness awards have been determined for the FFY 2022 Drinking Water SRF and Clean Water SRF base programs and the FFY 2022 BIL General Supplemental Funds for both Drinking Water and Clean Water. This first round of awards selected projects from the current approved Intended Use Plan Project Priority List, which includes projects approved by the Environmental Protection Commission up to the second quarter of SFY 2023. The eligible projects selected in this first round consist of projects that have closed an SRF loan this fiscal year, meet the Iowa SRF's disadvantaged community affordability criteria (socioeconomic assessment score) AND are constructing a priority project. The award list (attached) and more information on SRF and BIL loan forgiveness criteria can be found in Appendix C of the CWSRF and DWSRF Intended Use Plans and Annex A to the CWSRF and DWSRF Intended Use Plans.

FFY 2022 CAP Grant and FFY 2022 BIL General Supplemental Loan Forgiveness Awards

Clean Water SRF IUP

Drinking Water SRF IUP

Clean Water and Drinking Water BIL General Supplemental Fund IUP

A virtual public hearing will be held on Nov. 17, 2022 at 10am for the Intended Use Plans referenced above. Public comments will be accepted through Dec. 10, 2022.

Video call link: https://meet.google.com/asi-jqye-eik
Or dial: ‪(US) +1 502-383-3907‬ PIN: ‪874 715 213‬#

Questions and written comments should be directed to Water-[email protected]