EFC is New York State's Water Infrastructure Bank

EFC Provides Low-Interest Financing and Grants to Help Communities Affordably Undertake Critical Water Quality Projects.

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Featured News & Alerts The Latest in Nation-Leading Investment in Water Infrastructure

October 7, 2026 | 12:33 PM ET

Municipalities Encouraged to Apply for Environmental Bond Act Funding to Advance Major Stormwater Management Projects

October 1, 2026 | 11:50 AM ET

Plans detail how the State will allocate and use the State Revolving Funds

August 3, 2026 | 10:34 AM ET

Program Establishes National Model for Helping Communities Defend Critical Water Systems Against Cyber Threats

Apply for Low-Interest Financing for Wastewater and Sewer Projects.

Apply for Low-Interest Financing for Drinking Water Projects.

The Application Period Closed on July 27

Green Resiliency Grants Open for $45M in Available Funding. Applications due Jan. 29.

Governor Hochul Announces Awardees of Inaugural Round of First-in-Nation Grant Program

$3M Announced to 63 Projects Statewide in September 2026

$49.8 BILLION

Amount of Financial Assistance Provided by EFC to Communities Since 1987.

$3.4 BILLION

State Water Grants Awarded by EFC since 2015.

$3.4 BILLION

Total Amount of Project Finance Agreements Executed through the State Revolving Funds for 328 Projects in State Fiscal Year 2025.

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