Award $18,037,000.00 in federal funds for a capitalization grant to west virginia department of environmental protection (WVDEP) for WVDEP's clean water state revolving fund (CWSRF) program

The Environmental Protection Agency Region 3 awarded an $18,037,000 Formula Grant to the West Virginia Department of Environmental Protection under the Clean Water State Revolving Fund program (CFDA #66.458). The grant capitalizes West Virginia's Clean Water State Revolving Fund to provide $21.6 million in low-interest financing to multiple borrowers for planning, designing, and constructing eligible water quality improvement and protection projects through June 2029. Establishing an effective, self-sustaining revolving fund in this manner is expected to improve and protect water quality and public health for West Virginia citizens in alignment with the program's goals of supporting the construction of wastewater treatment facilities and other water quality management efforts. No subawards are associated with this assistance agreement.

Description

The purpose of this agreement is to award $18,037,000.00 in federal funds for a capitalization grant to west virginia department of environmental protection (WVDEP) for WVDEP's clean water state revolving fund (CWSRF) program. Activities:the activity funded by the award the is to provide low interest financing to numerous CWSRF borrowers 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 benefits of this grant will be to capitalize the WVDEP'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. The beneficiaries of the grant are the citizens of west virginia.