This agreement funds a capitalization grant for the recipient's clean water state revolving fund program

This federal Formula Grant award, with a total funding amount of $58,386,000, is provided by the U.S. Environmental Protection Agency (EPA) under the Clean Water State Revolving Fund (CFDA 66.458) program. The grant funds a capitalization program for the State of California Water Resources Control Board to establish a revolving loan fund for low-interest financing of eligible water quality improvement and protection projects. The anticipated deliverables include planning, design, and construction of wastewater treatment facilities, stormwater management systems, and other water infrastructure initiatives aimed at improving and protecting water quality and public health across the state. The grant period is from July 1, 2024, to June 30, 2029, and pre-award costs are approved back to July 1, 2024. There are no sub-awards included in this assistance agreement.

This grant agreement provides full federal funding in the amount of $58,386,000. Pre-award costs are approved back to july 1, 2024. Activities:the recipient of these funds provides low interest financing to numerous subrecipients. Subrecipient:no subawards are included in this assistance agreement.outcomes:the 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.