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State Revolving Fund
State Revolving Fund
Released: DRAFT Fiscal Year 2027 DWSRF Intended Use Plan
The Intended Use Plan (IUP) is prepared annually and outlines how the Drinking Water State Revolving Fund (DWSRF) will be used for the upcoming fiscal year.
How much can you save when you use the State Revolving Fund?
To help communities better understand the program and the potential savings as a result of our significantly low interest rates, EGLE is excited to release the SRF Savings Calculator. This tool helps visualize potential financial savings applicants can realize through the SRF program.
Calculate your savings!Water Infrastructure Funding and Financing Programs
Michigan State Revolving Fund Dashboard
This tool is designed to help stakeholders, community members, and other interested users easily explore water infrastructure projects across Michigan funded through the Clean Water and Drinking Water State Revolving Fund.
Launch the dashboard Download the datasetHow to Apply
Potential applicants must follow the steps below to apply. All financing determinations are based on applicant eligibility, priority points, and availability of funds. Applicants should apply with the expectation the SRF is a loan program first and foremost.
Review Eligibility Guidance
Read more about Review Eligibility GuidanceSubmit an Intent to Apply (ITA) form
A preview of the ITA form is available for review. The ITA form will close at 11:59pm on November 1, 2026.
Get assigned a project manager
Once an ITA is submitted you will be assigned a project manager to go over next steps.
Fiscal Year 2026 Interest Rates
|
Length of Loan Term |
Standard Applicant |
Overburdened Applicant |
Significantly Overburdened Applicant |
Storm Water Management Projects |
|
20 Years |
2.50% |
2.00% |
1.00% |
First $5M - 0.00% |
|
30 Years |
2.75% |
2.00% |
1.00% |
First $5M - 0.00% |
|
40 years (DWSRF Only) |
Not Applicable |
2.00% |
1.00% |
Not Applicable |
|
Strategic Water Quality Initiatives Fund |
2.50% |
2.00% |
1.00% |
Not Applicable |
Contact us
Informational Video Series for the State Revolving Funds
The State Revolving Fund (SRF) video series provides an overview of the SRF programs that can be used to finance wastewater, storm water, and drinking water infrastructure projects.
Introduction to Water Infrastructure Funding & Financing
This video provides an overview of funding and financing opportunities available through Michigan’s State Revolving Funds (SRF). These funds can be used for eligible wastewater, storm water, and drinking water infrastructure projects.
Financing Your Wastewater and Stormwater Infrastructure Projects
This video provides information on financing opportunities for wastewater and stormwater projects through Michigan’s Clean Water State Revolving Fund (CWSRF). This includes guidance on eligibility, project planning, and funding timelines.
Financing Your Drinking Water Infrastructure Projects
This video provides information on financing opportunities for drinking water projects through Michigan’s Drinking Water State Revolving Fund (DWSRF). This includes guidance on eligibility, project planning, and funding timelines.