This $30.25 million formula grant from the Environmental Protection Agency's Drinking Water State Revolving Fund program (CFDA 66.468) capitalizes Indiana's DWSRF to provide low-interest financing for drinking water infrastructure projects through 2026. The Indiana Finance Authority will administer $23.1 million in loans, $1.1 million for program administration, $550,040 for small system technical assistance, and $2.75 million for local assistance set-asides. Sub-awards will fund projects like...
The Environmental Protection Agency Region 5 awarded a $43.3 million Formula Grant to the Indiana Finance Authority under the Drinking Water State Revolving Fund program (CFDA #66.468) effective July 1, 2022 through December 31, 2026. The grant will capitalize Indiana's Drinking Water State Revolving Fund with a focus on reducing lead in drinking water by funding projects that identify and remove lead service lines. $32.9 million will fund loans for capital projects listed in Indiana's...
This $47,326,800 Drinking Water State Revolving Fund (DWSRF) Formula Grant award from the U.S. Environmental Protection Agency (CFDA 66.468) provides capitalization funding to the Indiana Finance Authority (IFA) to support drinking water infrastructure improvements across the state. The grant will enable IFA to offer low-interest financing to eligible public water systems for planning, designing, and constructing projects that enhance drinking water quality and safety. Eligible activities...
This $13,187,000 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 provides capitalization funding for Indiana's Drinking Water State Revolving Fund (DWSRF) program (CFDA 66.468). The funds will be used by the Indiana Finance Authority (IFA) to offer low-interest financing to eligible public water systems for planning, designing, and constructing drinking water infrastructure projects focused on addressing emerging contaminants, particularly per- and...
This $9,650,400 Formula Grant award from the U.S. Environmental Protection Agency (EPA) Region 5 under the Drinking Water State Revolving Fund (CFDA 66.468) program provides capitalization funding to the Indiana Finance Authority (IFA) to support drinking water infrastructure improvements across the state. The award enables IFA to offer low-interest financing to eligible public water systems for planning, designing, and constructing drinking water projects that enhance water quality and public...
The Environmental Protection Agency Region 5 awarded the Indiana Finance Authority a $2.25 million Formula Grant under the Clean Water State Revolving Fund program (CFDA 66.458) from January 1 to March 2, 2023. The grant capitalized Indiana's Clean Water State Revolving Fund to provide low-interest financing to numerous subrecipients for projects addressing emerging contaminants in drinking water, with a focus on PFAS. As the designated state authority, the Indiana Finance Authority will...
The U.S. Environmental Protection Agency (EPA) awarded a $18,233,000 Formula Grant under the Drinking Water State Revolving Fund (CFDA 66.468) program to the Indiana Finance Authority (IFA) to capitalize the state's DWSRF and fund projects addressing emerging contaminants in drinking water, with a focus on per- and polyfluoroalkyl substances (PFAS). The grant will enable IFA to provide low-interest loans and other financial assistance to municipalities and public water systems for eligible...
The Environmental Protection Agency (EPA) awarded the Indiana Finance Authority (IFA) a $13.8 million Formula Grant under the Drinking Water State Revolving Fund (DWSRF) program (CFDA #66.468) on January 1, 2023. The grant will capitalize Indiana's DWSRF to fund emerging contaminants projects through December 31, 2027, consistent with the Infrastructure Investment and Jobs Act's drinking water appropriation. The IFA will provide the full funding amount as additional subsidy to protect water...
The U.S. Environmental Protection Agency (EPA), through its Clean Water State Revolving Fund (CFDA 66.458) program, awarded the Indiana Finance Authority (IFA) a $5,124,000 Formula Grant on October 16, 2023. The primary purpose of this grant is to leverage Indiana's program for funding emerging contaminants projects, consistent with the Infrastructure Investment and Jobs Act. IFA will utilize these funds to provide low-interest financing to numerous subrecipients for eligible activities under...
The U.S. Environmental Protection Agency (EPA) provided a $65,768,400 Formula Grant award under the Clean Water State Revolving Fund (CFDA 66.458) program to the Indiana Finance Authority (IFA) on July 1, 2024. This funding will enable IFA, as the state's primary environmental financing authority, to offer low-interest loans to various subrecipients, including municipalities, utilities, and other local government entities, for critical water infrastructure initiatives across Indiana. The...