It is anticipated that both carry-over and new funding will be made available to subsidize Green Projects in fiscal year (FY) 2013. If you have projects with components that address green infrastructure, water or energy efficiency improvements, or other environmentally innovative activities, project plans will need to be submitted by May 1, 2012. Please refer to the Green Project Reserve Guidance below for further information.

If you are interested in applying for a DWRF loan, a final project plan must be submitted or postmarked on or before May 1 to be considered for funding in the next fiscal year. The discount rate that should be used in project planning beginning FY 2012 should be 4 3/8% or .04375.