This agreement funds a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), for the recipient's clean water state revolving fund program.activities:the…

This $13,396,800 Formula Grant award from the U.S. Environmental Protection Agency (EPA) under the Clean Water State Revolving Fund (CFDA 66.458) program capitalizes the State of Montana's Clean Water State Revolving Fund (SRF) program. This grant allows the Montana Department of Environmental Quality (DEQ) to provide low-interest financing to numerous subrecipients, such as municipalities and utilities, for infrastructure improvements related to water quality protection and enhancement. The key products and services delivered through this funding include planning, design, and construction of eligible water quality projects. The anticipated outcomes are to improve and protect water quality and public health for citizens throughout the state. This grant agreement has an award date of August 1, 2024 and an ultimate completion date of July 31, 2029.

This agreement funds a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (PL 117-58), for the recipient's clean water state revolving fund program.activities:the recipient of these funds provides low interest financing to numerous subrecipients.subrecipient:this grant agreement capitalizes the state SRF program, allowing the state SRF program to make loans (SUBAWARDS) to communities for infrastructure improvements.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.