This agreement is for a capitalization grant which provides funds for the recipient's clean water state revolving fund (cwsrf) program to provide low interest financing to recipients for costs…

The Environmental Protection Agency (EPA) Region 6 awarded the Oklahoma Water Resources Board (OWRB) a capitalization grant of $15.38 million under the Clean Water State Revolving Fund (CWSRF) program (CFDA 66.458) for the period of July 1, 2025 through June 30, 2026. This formula grant capitalizes the OWRB's CWSRF program to provide low-interest financing to municipalities and local entities for planning, design, and construction of eligible water quality improvement and protection projects across Oklahoma.

The primary deliverables under this award include the financing, planning, design, and construction of water quality improvement infrastructure projects. Through the CWSRF program, the OWRB will serve as a financial intermediary, offering favorable loan terms to subrecipients for wastewater treatment facilities, stormwater management systems, and other water quality management activities. The expected outcomes are to establish and maintain an effective, self-sustaining revolving fund that improves and protects water quality and public health for Oklahoma citizens, while creating a long-term financing mechanism through loan repayments that will support continued infrastructure investment beyond the initial federal capitalization.

This agreement is for a capitalization grant which provides funds for the recipient's clean water state revolving fund (cwsrf) program to provide low interest financing to recipients for costs associated with the planning, design, and construction of eligible water quality improvement and protection projects. The objectives 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. Activities:the activities are to provide low interest financing to numerous subrecipients for costs associated with the planning, design, and construction of eligible water quality improvement and protection projects. 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. The benefits of this grant will be to capitalize the recipient's cwsrf. 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.