Generator installation at Cadillac drinking water State Revolving Fund project.The State Revolving Fund (SRF), comprised of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund, awarded 29 loans in 2021 totaling more than $352 million.

Over the lifetime of the two loan programs, more than $6.8 billion has been spent financing projects by water suppliers and local municipalities.

The clean water loan program issued its first loan in 1989 with the drinking water loan program about a decade later.

Drinking water loan projects may include new wells, new water treatment plants, storage facilities, upgrades to existing facilities, transmission lines, pumping facilities, removal and replacement of lead service lines and other related waterworks system improvements.

Clean water loan projects may include wastewater treatment system improvements, storm water treatment projects and nonpoint source pollution control projects. Better handling and treatment of our drinking water and wastewater infrastructure has a direct effect on public health and the environment affecting all Michigan residents.

Here's a breakdown:

Drinking Water SRF - 16 projects for $190,710,000 in loan financing

$684,725 in principal forgiveness to lead service line removal projects (9 projects)

$1,726,650 in principal forgiveness to disadvantaged communities (5 communities) 

 

Clean Water SRF - 13 projects for $161,880,000 in loan financing

$18,297,500 in principal forgiveness to disadvantaged communities (4 communities)

$1,219,537 in principal forgiveness to projects that qualified as 'green' (3 projects)

 

Total - 29 projects, $352,590,000 in loan financing

More details are in EGLE's Michigan Water Infrastructure Financing Map.

Caption: Generator installation at Cadillac drinking water State Revolving Fund project.

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