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Meramec Funding Sources

Clean Water State Revolving Fund - MO
Amy Helper

Clean Water State Revolving Fund - MO

Aug. 1, 2019
By EPA & MDNR

Story summary:

  • The Missouri Clean Water State Revolving Fund provides communities a permanent, independent source of low-cost financing for a wide range of water quality infrastructure projects.  

Quick Facts

EPA Mission
Protect human health and the environment 

MDNR Vision
Help Missouri citizens thrive by balancing a healthy environmental with a healthy economy 

Eligibility
Local governments (cities, towns, counties, regional water or sewer districts), Businesses, Nonprofits 

What do they fund?
Nonpoint source projects, Bioretention, Floodplain restoration, Green infrastructure, and more! 

Length of Funding
Typically, 20-year loan

Short-term loans for 1-3 years also available 

Amount of Funding
In 2019, $403M available in MO 

Interest Rate 
Typically only 30% of the AAA municipal market rate 

Admin costs are 0.5 percent of outstanding loan balance, annually 

Timing 
Applications accepted at any time

Applications received by Nov 15 receive priority consideration

Applications due by Jan 15 each year, but accepted at any time

About

The Clean Water State Revolving Fund (CWSRF) is a funding mechanism available to local communities to pay for stormwater and wastewater projects that improve water quality.

The CWSRF is a low- to no-interest loan that can cover up to 100% of a water quality project’s cost. The loan payments are recycled back into the program to fund additional projects.

Competition for funds is high. Demand far outweighs available funds. However, states are able to determine funding priorities, loan terms and project eligibility.

The EPA has identified the CWSRF as a funding resource for green infrastructure and stormwater projects. Through the American Recovery Act of 2009, the Green Project Reserve was created that requires all CWSRF programs to use a portion of their federal grant for projects that address green infrastructure, energy efficiency or other environmentally innovative activities.

 Project Examples

Hidden Creek Development, Columbus, OH

$1.1M GI improvements through vegetated swales, restored wooded stream buffers, and establishment of emergent wetland habitat.

More Info/Resources

Contact Info

Contact the Financial Assistance Center’s Clean Water Coordinator Unit at 573-751-1192 or fac@dnr.mo.gov for more information.

Consult your community’s attorney and financial advisors prior to moving forward with any of these funding options. Any reference in this website to any person, or organization, or activities, products, or services related to such person or organization, or any linkages from this website to the website of another party, do not constitute or imply the endorsement, recommendation, or favoring of companies or organizations.
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