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CWSRF: Funding Stormwater Infrastructure
CWSRF: Funding Stormwater Infrastructure
Finance stormwater infrastructure with Michigan's CWSRF
Michigan's CWSRF is committed to being an innovative and flexible financing method for stormwater infrastructure projects.
View the CWSRF FactsheetStormwater financing options are flexible:
- 20 year loan term with 0% interest for the first $5 million
- 30 year loan term with 0% interest for the first $5 million.
After the first $5 Million the following rates apply:
| Applicant Type | 20 years | 30 years |
| Standard Applicant | 2.50% | 2.75% |
| Overburdened Applicant | 2.00% | 2.00% |
| Significantly Overburdened Applicant | 1.00% | 1.00% |
What types of projects are fundable?
Use of the CWSRF to finance a stormwater infrastructure project is an innovative way for a municipal applicant to complete important and impactful infrastructure work.
Ecosystem Protection and Restoration
Green Infrastructure
Erosion and Sediment Control
Traditional Grey Infrastructure
Other eligible project types:
- Traditional stormwater conveyance pipe, storage, and treatment systems
- Sediment controls including filter fences, storm drain inlet protection, street sweepers, and vacuum trucks
- Green roofs
- Permeable pavement
- Infiltration basins
- Rainwater harvesting collection, storage, management, and distribution systems
- Wetland/riparian/shoreline protection and restoration
- Establishment/restoration of urban tree canopy
- Constructed wetlands
- Bioretention/bioswales including rain gardens, curb bump outs, and tree boxes
- Replacement of gray infrastructure with green infrastructure
How 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.