Step 1: List Your Project by June 17, 2022
Before you can apply for financing through the Clean Water State Revolving Fund (CWSRF), you must first list your project on EFC’s Intended Use Plan (IUP). Project listings are screened for eligibility, scored, ranked, and listed, and a new IUP is issued annually.
You must submit your project’s information using EFC’s Project Listing and Update System (PLUS). The requested information includes contact information, a general description of the project’s scope, a budget and a project schedule.
You should upload any available documents, such as engineering reports, consent orders, or project descriptions, through PLUS in order to receive the most accurate project score and ranking.
To receive financing in an IUP period, you must submit an approvable engineering report and a Smart Growth Assessment Form so that the project can be included on the Annual List. Projects without these documents will be on the Multi-Year list only.
Deadline: Submit by June 17, 2022
EFC accepts new project listings on a continuous basis, but new projects must be submitted through PLUS by June 17, 2022 to be listed in the 2023 draft IUP.
Step 2: Secure Required Documents
Financial Application Guidance
Actions required to process an application
Before you get started with your financing application, please note there are a number of actions/processes that you must complete to generate the documentation you need to complete your application.
- Municipal bond resolutions
- Environmental review documents and findings
- District formation/increase authorization, and
- Agreement for engineering planning services
- Form a special use district (generally only counties or towns)
- Compete a coordinated environmental review
- Contact to SHPO for a determination on potential project impacts
- Pass a bond resolution
- Hire a consulting engineer if you do not have a design engineer on staff
Documents that may be necessary to close financing and/or get your money
Documents include, but may not be limited to:
- Financial statements (audited if available) for the three most recent fiscal years (for applicants other than counties, cities, towns and villages)
- Letters for grant awards or financing that is not from/through EFC
- Current adopted capital and operating budgets
Step 3: Apply for Financing by March 1, 2022
If your project is included in the Annual List of EFC’s Intended Use Plan (IUP), you may proceed with submitting a financing application. Applications for interest-free and subsidized financing are accepted on a continuous basis until March 1, 2022 for the current IUP. Applications received after the deadline may be postponed to the next IUP year. Applicants with projects below the IUP Annual List subsidy lines may submit a financing application at any time if interested in receiving market rate financing.
Plan on submitting your financing application as soon as possible to meet your needs for timely access to funds. This will give EFC adequate time to process your application, request clarification, prepare closing documents, and ensure you are able to receive disbursements when you need them.
Download the Application Form and Guidance
Note: Templates are not available for all required application materials. Please be sure to review each step of the application process to ensure you are submitting all of the required materials.
Ask a Question
Do you have a question or need help completing your application to one of EFC’s funding programs or services? Fill out our question form and we'll get back to you.