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Clean Water State Revolving Fund
The Clean Water State Revolving Fund (CWSRF) is a low interest loan financing program that assists qualified local municipalities with the construction of needed water pollution control facilities.
For questions on the program, contact the Water Infrastructure Financing Section.
Contact
Water Infrastructure Financing Section
EGLE-WIFS@Michigan.gov
517-284-5433
Michigan Water Infrastructure Financing Web Map
This map is meant for general information about projects funded through the Clean Water State Revolving Fund and Drinking Water State Revolving Fund. The project locations are meant to give a general location of where work is being done and not a specific site.
Funds available for financing fiscal year 2023 CWSRF projects
CWSRF |
Available Loan |
Out of Loan Amount |
---|---|---|
Traditional |
$ 800 million |
$ 26.5 million |
Bipartisan Infrastructure Law General |
$ 77 million |
$37.8 million |
Bipartisan Infrastructure Law Emerging Contaminants |
$ 4 million |
$ 4 million |
Total |
$ 881 million |
$ 68.3 million |
Intent to Apply form for the CWSRF, and SWQIF loan programs - Due January 31, 2022 for year 2023 consideration
The submittal deadline for final project plans in CWSRF fiscal year 2023 is June 1, 2022.
A community interested in applying for a loan must fill this form out and submit it to EGLE-WIFS. Submittal of this form will allow the applicant to receive an indication of the funding/financing outlook as well as the next steps in the process. To help better serve our customers and improve our programs please do not begin work on a project plan prior to submitting the ITA form. Following submittal of the ITA, a Water Infrastructure Financing Section (WIFS) project manager will follow-up with the community to set up a discussion.
FY 2022 Interest Rates
- 20-year loans - 1.875 percent
- 30-year loans - 2.125 percent
Strategic Water Quality Initiatives Fund
The Strategic Water Quality Initiatives Fund (SWQIF) is a low interest revolving loan program that allows qualified municipalities to access financing for the construction of needed water pollution control facilities that cannot qualify for SRF assistance. Two types of projects can be financed under the SWQIF, the on site upgrade-replacement of septic systems and the removal of ground water or storm water from sewer leads.
Michigan Clean Water Plan
Learn more about the newly announced MI Clean Water Plan by visiting the Michigan Clean Water Plan website.