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The Massachusetts State Revolving Fund Loan Program

The Massachusetts State Revolving Fund Loan Program. State Revolving Fund Loan Program. 2% Interest Loans to cities, towns,water suppliers, and wastewater districts for infrastructure and other projects to improve public health and environmental resources.

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The Massachusetts State Revolving Fund Loan Program

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  1. The Massachusetts State Revolving Fund Loan Program

  2. State Revolving Fund Loan Program 2% Interest Loans to cities, towns,water suppliers, and wastewater districts for infrastructure and other projects to improve public health and environmental resources. Total CWSRFFunds for 2010 = $350 million Total DWSRF Funds for 2010 = $110 million

  3. Total Funds Available Includes EPA Grants Total Grant for CWSRF Projects = $69 million Total Grant for DWSRF Projects Funds = $25.3 million 20% of grant money must fund Green Projects ($13.8 million for CWSRF Green Projects) ($5.06 million for DRSRF Green Projects) Congress requires a portion of the funds be allocated towards “Principal Forgiveness” ($10.36 million for CWSRF Projects) ($7.6 million for DRSRF Projects)

  4. SRF Selection Process • Develop priorities around public health and environmental concerns • Craft selection criteria to favor projects that support those goals • Incorporate public participation • Advertise availability • Cities, towns, PWS, Wastewater Districts, Environmental Consulting Companies, Government Agencies

  5. Public Health Exposures Frequencies Seriousness Environmental Impacts Resource affected Frequency Seriousness SRF Project Selection Criteria

  6. Planning for Project Needs analyzed Options reviewed Recommended option selected Programmatic biases 15% weighting for energy efficiency/renewables 10% weighting for sustainable development principles- CommCap Compliance and Enforcement issues Regional solutions SRF Criteria (cont.)

  7. Project Effectiveness Reduction in violations Restoration of designated use Protects resources/prevents problems DW SRF Affordability criteria SRF Criteria (cont.)

  8. Current Status & Next Steps: DEP • Final list for 2010 projects recently announced • MassDEP currently reviewing criteria that will be used in selecting 2011 projects

  9. Current Status & Next Steps: Applicants • Proposals for 2011 round of funding due by August 31, 2010 • Strongly recommend submittals include energy efficiency and energy renewable components.

  10. ADDITIONAL INFORMATION • MassDEP SRF Web Page www.mass.gov/dep/water/wastewater/wastewat.htm • Contact info: John Felix (John.felix@state.ma.us) or Phone: 617-292-5523

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