This agreement funds a capitalization grant for the recipient's clean water state revolving fund program.activities:the recipient of these funds provides low interest financing to numerous…

This $4,809,600.00 Formula Grant award from the U.S. Environmental Protection Agency (EPA) under the Clean Water State Revolving Fund (CFDA 66.458) program provides funding to the Vermont Department of Environmental Conservation (VT DEC) to capitalize its Clean Water State Revolving Fund program. Through this program, VT DEC will offer low-interest financing to various subrecipients, including municipalities and utilities, to support the planning, design, and construction of eligible water quality improvement and protection projects throughout the state. The anticipated deliverables include financing for wastewater treatment facility upgrades, stormwater management systems, nonpoint source pollution control, and emerging contaminant remediation efforts. The expected outcomes are to improve and protect water quality and public health for citizens across Vermont. This grant award has an effective date of October 1, 2024, and a completion date of September 30, 2031.

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