The Delaware Water Pollution Control Revolving Fund (commonly known as the Clean Water State Revolving Fund) provides loans for green infrastructure projects to help meet an EPA goal to promote green infrastructure, water or energy efficiency improvements, and other environmentally innovative projects.

Each year, between 10 and 20 percent of the federal grant for the state revolving fund is used to promote green infrastructure projects.

Green infrastructure loans are subject to the same interest rate policies as traditional wastewater projects. Interest rate subsidies and/or principal forgiveness may be provided based on the affordability of the project. Loans are awarded through the Project Priority List process.

Eligible Projects

Eligible projects are those that meet the definitions in the EPA document 2010 Clean Water and Drinking Water State Revolving Fund 20 Percent Green Project Reserve: Guidance for Determining Project Eligibility (April 21, 2010).

Eligible Applicants

Any state or municipal government agency or program, or private entity (Estuary Projects only).

Related Topics:  finance, green infrastructure, green infrastructure loans, infrastructure, loans, water quality