This agreement funds a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), for the recipient's clean water state revolving fund (CWSRF) program

Active Formula Grant Awarded Last action

Award ID
03E03240
Recipient
Awarding agency
Obligated
$71,242,800

Award facts

Assistance listing
66.458 Clean Water State Revolving Fund
Completion date 61% complete
Funding
  • $59,369,000.00 Federal
  • $11,873,800.00 Non-federal
Place of performance
Indiana, USA

Award details come from USAspending.gov.

Description

Activities:the recipients of these funds provide low interest financing to numerous subrecipients. Subrecipient:clean water state revolving fund program is exempt from 2 CFR 200.332 subrecipient management requirements as provided in 2 CFR 1500. Program provides assistance in the form of loans.outcomes:anticipated deliverables include financing planning, design, and construction of eligible water quality improvement and protection projects. The expected outcomes are to improve and protect water quality and public health. The intended beneficiaries include citizens throughout the state.

Subawards

Subrecipient Amount Awarded
City Of Peru The project includes the lining of sewer along Riverside Drive, and the construction of an in-line storage system, diversion structures, and a 4MG wet weather… $13,398,000
City Of Columbus This project includes improvements at the city’s wastewater treatment plant, upgrades to two existing lift stations, and the extension of sewer service in the… $45,971,000

Quick answers

Who received award 03E03240?

03E03240 was awarded to Indiana Finance Authority by EPA Region 5 (Regional Offices) on January 1, 2025.

How much is award 03E03240 worth?

$71,242,800 has been obligated on 03E03240: $59,369,000 in federal funding and $11,873,800 in non-federal funding.

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