The U.S. Environmental Protection Agency (EPA), through its Clean Water State Revolving Fund (CFDA 66.458) program, awarded the Indiana Finance Authority (IFA) a $5,124,000 Formula Grant on October 16, 2023. The primary purpose of this grant is to leverage Indiana's program for funding emerging contaminants projects, consistent with the Infrastructure Investment and Jobs Act. IFA will utilize these funds to provide low-interest financing to numerous subrecipients for eligible activities under...
This $33.5 million Formula Grant from the Environmental Protection Agency (EPA) Region 5 funds the Indiana Clean Water State Revolving Fund (CWSRF) program for 2022 through 2026. The CWSRF provides low-interest financing to subrecipients for planning, designing, and constructing eligible water quality improvement and protection projects. Administered by the Indiana Finance Authority's Environmental Programs division, the CWSRF capitalization grant will establish and maintain a revolving fund...
This $23,608,800 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 funds the Indiana Finance Authority's (IFA) Clean Water State Revolving Fund (CFDA 66.458) program. Through this program, IFA provides low-interest financing to numerous subrecipients, including municipalities, utilities, and other local government entities, for the planning, design, and construction of eligible water quality improvement and protection projects across Indiana. The anticipated...
This $5,124,000 federal Formula Grant award from the U.S. Environmental Protection Agency's (EPA) Clean Water State Revolving Fund (CFDA 66.458) program funds the Indiana Finance Authority's (IFA) Clean Water State Revolving Fund program. The primary purpose is to address emerging contaminants in water quality, including compounds from personal care products, pharmaceuticals, industrial chemicals, and microplastics. IFA will provide low-interest financing to numerous subrecipients, such as...
This $65,768,400 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 under the Clean Water State Revolving Fund (CFDA 66.458) program provides capitalization funding to the Indiana Finance Authority (IFA) to establish a revolving loan fund for water quality improvement and protection projects across the state. The grant supports a range of eligible water infrastructure initiatives, including wastewater treatment facility upgrades, stormwater management systems, and...
The Environmental Protection Agency Region 5 awarded a $43.3 million Formula Grant to the Indiana Finance Authority under the Drinking Water State Revolving Fund program (CFDA #66.468) effective July 1, 2022 through December 31, 2026. The grant will capitalize Indiana's Drinking Water State Revolving Fund with a focus on reducing lead in drinking water by funding projects that identify and remove lead service lines. $32.9 million will fund loans for capital projects listed in Indiana's...
This $47.2 million formula grant from the Environmental Protection Agency's Clean Water State Revolving Fund program provides capitalization funding to Indiana's Clean Water State Revolving Fund for January 2022 through December 2026. The grant will capitalize Indiana's CWSRF program to establish long-term, low-interest financing for water quality projects. Through subawards, the CWSRF will provide $47.2 million in loans to support planning, design, and construction of wastewater treatment...
The Environmental Protection Agency Region 5 awarded the Indiana Finance Authority $12.853 million under the Drinking Water State Revolving Fund program (CFDA #66.468) to capitalize Indiana's Drinking Water State Revolving Fund. The funding will be used to provide loans and other assistance to public water systems for eligible drinking water infrastructure projects that protect public health. This includes improving drinking water treatment, repairing or replacing water distribution pipes and...
The U.S. Environmental Protection Agency (EPA) awarded a $18,233,000 Formula Grant under the Drinking Water State Revolving Fund (CFDA 66.468) program to the Indiana Finance Authority (IFA) to capitalize the state's DWSRF and fund projects addressing emerging contaminants in drinking water, with a focus on per- and polyfluoroalkyl substances (PFAS). The grant will enable IFA to provide low-interest loans and other financial assistance to municipalities and public water systems for eligible...
The Environmental Protection Agency (EPA) awarded the Indiana Finance Authority (IFA) a $13.8 million Formula Grant under the Drinking Water State Revolving Fund (DWSRF) program (CFDA #66.468) on January 1, 2023. The grant will capitalize Indiana's DWSRF to fund emerging contaminants projects through December 31, 2027, consistent with the Infrastructure Investment and Jobs Act's drinking water appropriation. The IFA will provide the full funding amount as additional subsidy to protect water...