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 a $2.25 million Formula Grant under the Clean Water State Revolving Fund program (CFDA 66.458) from January 1 to March 2, 2023. The grant capitalized Indiana's Clean Water State Revolving Fund to provide low-interest financing to numerous subrecipients for projects addressing emerging contaminants in drinking water, with a focus on PFAS. As the designated state authority, the Indiana Finance Authority will...
This $5,124,000 federal Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 provides capitalization funding for Indiana's Clean Water State Revolving Fund (CWSRF) program under CFDA 66.458. The primary purpose is to address emerging contaminants, which include substances and microorganisms like those found in personal care products, pharmaceuticals, industrial chemicals, pesticides, and microplastics. The grant enables the Indiana Finance Authority to offer...
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 $23,608,800.00 Formula Grant award from the U.S. Environmental Protection Agency (EPA) under the Clean Water State Revolving Fund (CFDA 66.458) program provides capitalization funding to the Indiana Finance Authority (IFA) to deliver low-interest financing for a range of water quality improvement and protection projects across the state. As the designated Clean Water State Revolving Fund program administrator for Indiana, IFA will use the grant funds to offer loans to numerous...
The U.S. Environmental Protection Agency (EPA) provided a $65,768,400 Formula Grant award under the Clean Water State Revolving Fund (CFDA 66.458) program to the Indiana Finance Authority (IFA) on July 1, 2024. This funding will enable IFA, as the state's primary environmental financing authority, to offer low-interest loans to various subrecipients, including municipalities, utilities, and other local government entities, for critical water infrastructure initiatives across Indiana. The...
This $30.25 million formula grant from the Environmental Protection Agency's Drinking Water State Revolving Fund program (CFDA 66.468) capitalizes Indiana's DWSRF to provide low-interest financing for drinking water infrastructure projects through 2026. The Indiana Finance Authority will administer $23.1 million in loans, $1.1 million for program administration, $550,040 for small system technical assistance, and $2.75 million for local assistance set-asides. Sub-awards will fund projects like...
This $13,187,000 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 provides capitalization funding for Indiana's Drinking Water State Revolving Fund (DWSRF) program (CFDA 66.468). The funds will be used by the Indiana Finance Authority (IFA) to offer low-interest financing to eligible public water systems for planning, designing, and constructing drinking water infrastructure projects focused on addressing emerging contaminants, particularly per- 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...
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...