Indiana Finance Authority

Indiana Finance Authority, operating through its Environmental Programs division, is a state government entity headquartered in Indianapolis, Indiana, that has been registered to receive federal awards since June 2009. The Authority serves as the primary conduit for administering water quality and public health infrastructure financing programs throughout Indiana, leveraging federal grant funding to address critical environmental challenges facing the state's communities. Through its specialized environmental programs, the Authority manages multiple state revolving fund programs and grant initiatives designed to improve drinking water safety, protect water quality, and reduce lead exposure across municipal water systems, schools, and child care facilities.

The Indiana Finance Authority has received substantial federal grant funding from the U.S. Environmental Protection Agency (EPA) Region 5, totaling well over $200 million in formula and project grants since 2021, to deliver comprehensive water infrastructure and public health services across Indiana. The Authority administers five primary programs: the Drinking Water State Revolving Fund (DWSRF), which provides low-interest financing for drinking water infrastructure improvements with specific focus areas including lead service line replacement, emerging contaminants remediation, and PFAS treatment; the Clean Water State Revolving Fund (CWSRF), which funds wastewater treatment and water quality protection projects; the Water Infrastructure Improvements for the Nation (WIIN) Small and Underserved Communities Emerging Contaminants Grant Program, through which the Authority implemented engineering, construction management, and public education initiatives addressing PFAS and other emerging contaminants at 16 selected public water systems; the Voluntary School and Child Care Lead Testing and Reduction Grant Program, under which the Authority has conducted lead testing at approximately 400 schools and 3,200 child care facilities using EPA's 3Ts guidance (Training, Testing, and Taking Action); and the Sewer Overflow and Stormwater Reuse Municipal Grant Program, through which the Authority has provided funding to local municipalities for combined sewer overflow correction and integrated stormwater management projects. The Authority's grant awards support a broad range of activities including project planning and design, construction and installation of water infrastructure, technical assistance to small and disadvantaged water systems, workforce training and certification programs, source water protection activities, public communication and education initiatives, and administrative set-asides for program management. The Authority functions as a primary grant recipient that then provides subawards and low-interest loans to numerous subrecipients including municipalities, public water systems, utilities, and local government entities, with specific sub-awards documented to entities such as the City of Clinton for combined sewer overflow projects. This comprehensive approach ensures that infrastructure improvements, public health protections, and technical support reach communities throughout Indiana, with particular emphasis on assisting small, disadvantaged, and underserved communities in achieving Safe Drinking Water Act compliance and improving overall water quality and public health outcomes statewide.