The document represents the Environmental Protection Agency's (EPA) approach to implementation of Title VI of the Clean Water Act (CWA), until interim final regulations on selected provisions in the guidance are issued. The release of the document marks a significant step in the transition of the responsibility for financing, constructing and managing municipal wastewater treatment facilities from the Federal government to States and localities. It will assist EPA Regions in their review of proposed State Water Pollution Control Revolving Fund (SRF) programs and provide States with initial guidance on applying for Capitalization Grants.