Drinking Water State Revolving Fund
Interest-free or low-interest financing for drinking water projects
The Drinking Water State Revolving Fund provides financing at below-market rates, empowering communities to undertake critical drinking water projects at a much lower cost than traditional financing. Eligible projects include, but are not limited to improving drinking water treatment, including removal of emerging contaminants such as PFAS, fixing leaky or old pipes for water distribution, improving water supply source, or replacing or constructing finished water storage tanks.
The Drinking Water State Revolving Fund is administered jointly with the State Department of Health. EFC administers the financial aspects.
When communities repay their financings, it allows EFC to finance new projects and the funds "revolve" over time.