The FY
2013 Intended Use Plans (IUPs) for the Clean Water and
Drinking Water SRF are now available for public review. The
IUPs include funding sources, uses, goals and objectives and
program policies such as interest rates and terms. Several new
items are proposed for the upcoming
year:
- Development
of a small/emergency loan program using non-program income.
- Analysis of
the capacity of the funds to support lower interest rates.
- Implementation
of the Water Resource Restoration effort, in which watershed
protection projects are supported through interest
rate reductions on Clean Water SRF wastewater
loans.
- Greater
focus on sustainable practices.
- Reduction
of the loan origination fee on infrastructure loans from 1%
to 0.5% with a maximum amount of
$100,000.
A
public meeting is scheduled for Thursday, May 10, 2012 at
10:00 a.m. at the DNR Water Supply office at 401 SW 7th
Street, Suite M, Des Moines, IA 50309. Written comments will
be accepted through May 17, 2012 and should be directed to: Patti Cale-Finnegan, fax
515-725-0348.
Applications
are accepted year-round and the IUPs are updated quarterly.
The next deadline for applications is June 1,
2012.
For more
information contact 
