This action approves an award in the amount of $23,082,000 to the tennessee department of environment and conservation

This $23.1 million Formula Grant from the Environmental Protection Agency (EPA) Region 4 provides capitalization funding for Tennessee's Clean Water State Revolving Fund (CWSRF) program. The Tennessee Department of Environment and Conservation will administer the CWSRF to provide low-interest financing to subrecipients for planning, designing, and constructing eligible water quality improvement and protection projects through 2026. The CWSRF is intended to create a long-term, sustainable source of state financing for wastewater treatment facilities and other water quality management under the EPA's Clean Water State Revolving Fund program (CFDA #66.458). This award will help Tennessee establish and manage an effective CWSRF to improve and protect water quality and public health across the state.

The purpose of this agreement is for a capitalization grant which provides funds for the recipient's clean water state revolving fund program. The activities are to provide low interest financing to numerous subrecipients for costs associated with the planning, design, and construction of their eligible water quality improvement and protection projects. The expected outcomes are to establish and manage an effective comprehensive clean water state revolving fund program, and to maintain a self-sustaining revolving fund to improve and protect water quality and public health for citizens throughout the state, whom are the intended beneficiaries.