Formula Grant 02J77201

DESCRIPTION:THIS AGREEMENT PROVIDES FUNDING UNDER THE INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA). THE PURPOSE OF THE PROJECT IS FOR A CAPITALIZATION GRANT WHICH PROVIDES FUNDS FOR THE RECIPIENT'S CLEAN WATER STATE REVOLVING FUND (CWSRF) PROGRAM WITH A PRIMARY PURPOSE TO ADDRESS EMERGING CONTAMINANTS. EMERGING CONTAMINANTS REFER TO SUBSTANCES AND MICROORGANISMS, INCLUDING MANUFACTURED OR NATURALLY OCCURRING PHYSICAL, CHEMICAL, BIOLOGICAL, RADIOLOGICAL, OR NUCLEAR MATERIALS, WHICH ARE KNOWN OR ANTICIPATED IN THE ENVIRONMENT, THAT MAY POSE NEWLY IDENTIFIED OR RE-EMERGING RISKS TO HUMAN HEALTH, AQUATIC LIFE, OR THE ENVIRONMENT. THESE SUBSTANCES, MICROORGANISMS OR MATERIALS CAN INCLUDE MANY DIFFERENT TYPES OF NATURAL OR MANUFACTURED CHEMICALS AND SUBSTANCES - SUCH AS THOSE IN SOME COMPOUNDS OF PERSONAL CARE PRODUCTS, PHARMACEUTICALS, INDUSTRIAL CHEMICALS, PESTICIDES, AND MICROPLASTICS. ACTIVITIES:THE ACTIVITIES ARE TO PROVIDE LOW INTEREST FINANCING TO NUMEROUS SUBRECIPIENTS FOR COSTS ELIGIBLE UNDER SECTION 603(C) OF THE CLEAN WATER ACT AND THE PRIMARY PURPOSE MUST BE TO ADDRESS EMERGING CONTAMINANTS. SUBRECIPIENT:THE RECIPIENTS OF THESE FUNDS WILL PROVIDE FINANCING IN THE FORM OF PRINCIPAL FORGIVENESS LOANS TO NUMEROUS SUBRECIPIENTS FOR COSTS ELIGIBLE UNDER SECTION 603(C) OF THE CLEAN WATER ACT, WITH THE PRIMARY PURPOSE OF ADDRESSING EMERGING CONTAMINANTS.OUTCOMES:THE BENEFITS OF THIS GRANT WILL BE TO CAPITALIZE THE RECIPIENT'S CWSRF WITH A PRIMARY FOCUS ON EMERGING CONTAMINANTS. THE EXPECTED OUTCOMES ARE TO ESTABLISH AND MANAGE AN EFFECTIVE COMPREHENSIVE CWSRF PROGRAM AND TO MAINTAIN A SELF-SUSTAINING REVOLVING FUND TO IMPROVE AND PROTECT WATER QUALITY AND PUBLIC HEALTH FOR CITIZENS THROUGHOUT THE STATE.