Drinking Water State Revolving Fund

Interest-free or low-interest financing for drinking water projects
Cooper Lake Reservoir

List Your Project by May 30, 2025

Listing your project is the first step to financing your project with the State Revolving Funds
Drinking Water State Revolving Fund
Overview

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. 

How to Apply
You must list your project in the Intended Use Plan before you can apply. The Department of Health prepares the Intended Use Plan for the Drinking Water State Revolving Fund. These plans are published annually by law to account for how the State Revolving Funds will be used in a given federal fiscal year. Any project funded by the State Revolving Fund is required by law to be listed in the Intended Use Plan. You must submit an approvable engineering report and Smart Growth Assessment Form with the project listing or have one on file with the Department of Health in order to be on the Annual List of the Intended Use Plan. You can submit a complete formal financing application package if your project is included on the Annual List.
List Your Project in the Intended Use Plan
The first step in seeking State Revolving Funds
Drinking water projects are listed using a form provided by the Department of Health. The requested information includes contact information, a general description of the project’s scope, a budget, and a project schedule. Projects are then screened for eligibility, scored, ranked, and listed.