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State Revolving Loan Funds, continued

CWSRFs can lend funds for nonpoint source projects. Such projects include loans to:

• Homeowners for repair and upgrade of septic systems
• Land trusts for purchase of sensitive lands/easements
• Purchase and restore degraded wetlands
• Dry cleaners to clean-up soil and ground water contamination on brownfields
• Farmers for equipment and structures to minimize runoff from fields

Managers of SRFs must comply with several basic requirements:

• Protect the capital (principle) in the fund—ensure funds circulating in the CWSRF do indeed “revolve” and not diminish over the long run.
• Develop “intended use plans”—develop project lists of upcoming loans in the next fiscal year.
• Provide for public participation and comment on intended use plans.
• Create a NEPA-like process, whereby the environmental impacts of projects getting loans are analyzed and options are considered.

Web Resources
EPA’s Clean Water State Revolving Fund Web page