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CWSRF
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Clean Water State Revolving Fund (CWSRF)Application and List of FormsThe 1987 amendments to the Federal Clean Water Act replaced the Construction Grants program with the Clean Water State Revolving Fund Program (CWSRF). Under the CWSRF, Congress provides the states with grant funds to establish revolving loan programs to assist in the funding of wastewater treatment facilities and projects associated with estuary and nonpoint source programs. The states are required to provide 20% matching funds. In North Carolina, these funds are made available to units of local government at one-half (1/2) of the market rate for a period of up to twenty (20) years. The actual term of the loan is determined by the State Treasurer's Office. Priority Funding List / Intended Use PlanIn order to receive funding, projects must be included on a Priority Funding List. Applicants can have their projects included on the state's Priority Funding List by submitting a written request to us which includes a general project description, estimated project cost, and schedule on or before March 31st of each year. Applicants who are operating under a Special Order of Consent (SOC), or on Moratorium will generally be placed on the list by one of our Regional Offices. Projects will be rated based upon the severity of the water quality problem and included on the list accordingly. While the number of priority points is important, the applicant's willingness and ability to proceed will also play a major part in the selection of projects actually chosen for funding and included on our Intended Use Plan. The Intended Use Plan is the "short list" of projects anticipated to receive funding for the upcoming fiscal year and is the subject of an annual Public Hearing. |
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