SRF Call for Projects SFY 2021 Extended
Due to the COVID-19 Pandemic, the Project Questionnaires for SRF consideration for State Fiscal Year 2021 will be accepted until Friday, April 24, 2020. The original message calling for projects can be found here. Requests for other compliance relief or extensions should be directed to email@example.com. A staff member with the appropriate program area will follow up with you no later than the end of the next business day.
The State Revolving Fund (SRF) program provides low-interest rate loans for building or repair to wastewater and drinking water plants or distribution systems and stormwater quality improvement projects. The program is run by the SC Department of Health and Environmental Control (DHEC) and the SC Rural Infrastructure Authority (RIA), Office of Local Government (OLG).
Who Can Apply?
Municipalities, counties, and special purpose districts can apply for an SRF loan.
Show Me The Money
The money available for SRF loans depends on repayments from current loans and the yearly capitalization grant that comes from the EPA. Information on current SC SRF interest rates and loan policies can be found on the SC Rural Infrastructure Authority website .
If a project includes a qualified water or energy reduction component, low impact development or other environmentally innovative "green" practices, an incentive loan rate may apply.
Contact us to find out if your project qualifies for SRF funding.
Financing Alternatives Comparison Tool (FACT)
FACT is an EPA financial analysis tool that compares the costs of different financing options for water infrastructure projects. FACT can help borrowers compare their financing options.
DRAFT Supplemental SRF Intended Use Plans for funds appropriated by the Additional Supplemental Appropriations for Disaster Relief Act, 2019 (ASADRA)
Comments on Draft ASADRA IUPs due by 5PM, JUNE 17, 2020