This agreement provides a capitalization grant for the recipient's drinking water state revolving fund (dwsrf) program

Active Formula Grant Awarded Last action

Award ID
99692528
Recipient
Awarding agency
Obligated
$13,087,200

Award facts

Assistance listing
66.468 Drinking Water State Revolving Fund
Completion date 66% complete
Funding
  • $10,906,000.00 Federal
  • $2,181,200.00 Non-federal
Place of performance
New Mexico, USA

Award details come from USAspending.gov.

Description

The award furthers the public health protection objectives of the safe drinking water act (sdwa). Activities:the recipient of these funds will provide low interest rate financing to eligible public water systems for the costs associated with the planning, design, and construction of eligible drinking water improvement projects. The recipient may also use some of the funding for specific set-asides, including but not limited to providing technical assistance to small systems, for operator certification activities, and source water protection activities. Subrecipient:for the state revolving fund programs, loans issued to municipalities are considered subawards. However, the grantee will issue these as loans and not grants, even in the case of a subsidy.outcomes:the anticipated deliverables include financing, planning, design, and construction of eligible public health-related projects. Deliverables will also be used to increase the technical, managerial, and financial capacity of public water systems. The expected outcome is public health protection. The intended beneficiaries include citizens throughout the state.

Subawards

Subrecipient Amount Awarded
Eldorado Area Water Dist Monte Alto Pipeline overage loan $262,600

Quick answers

Who received award 99692528?

99692528 was awarded to New Mexico Finance Authority by EPA Region 6 (Regional Offices) on July 1, 2025.

How much is award 99692528 worth?

$13,087,200 has been obligated on 99692528: $10,906,000 in federal funding and $2,181,200 in non-federal funding.

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