New York State Environmental Facilities Corporation

Thursday, May 23, 2013

Drinking Water SRF

DWSRF Contacts

MICHAEL MONTYSKO, P.E.
Chief, Design Section
518-402-7676 or 1-800-458-1158
bpwsp@health.state.ny.us

Helpful Links

•Resource Library
•Board of Directors
•EFC Web Portal
•DropBox
•Webcasts
•Contact Us

Drinking Water State Revolving Fund

The Drinking Water State Revolving Fund (DWSRF) is administered jointly by EFC and the State Department of Health (DOH). Since its inception in 1996, the program has provided more than $3.6 billion in low-cost financing including over $290 million in grants to disadvantaged communities for drinking water improvement projects across the State.

The DWSRF provides a significant financial incentive for public and private water systems to finance needed drinking water infrastructure improvements (e.g. treatment plants, distribution mains, storage facilities, etc.) Similar to the Clean Water State Revolving Fund (CWSRF), the DWSRF provides market rate financing, subsidized low-interest rate financing and limited grants for construction of eligible water system projects.

As financings are repaid, money will be available for new financings- a true revolving fund. For communities with demonstrated hardship, interest rates can be reduced to as low as zero percent. In addition, in the event of severe financial hardship, financial hardship grants pursuant to the Federal Safe Drinking Water Act may be available.

EFC administers the financial aspects of the DWSRF. Complete applications for the DWSRF financing are submitted to EFC, the financing is obtained through EFC, and repayments are made to EFC.

DOH manages the technical review for DWSRF projects and regulates the safety and adequacy of drinking water delivered by public water systems in New York State. For the DWSRF, DOH accepts pre-application forms and technical reports; scores, ranks, and lists projects on the IUP, and reviews technical documents for both the pre-application and the complete application.

Publicly-Owned Municipal Systems

Municipal applicants may apply for financing for any DWSRF-eligible project. A municipality means any county, city, town, village, district corporation, county or town improvement district, school district, Indian nation or tribe recognized by the State or the United States with a reservation wholly or partly within the boundaries of New York State, any water authority now existing in a city, or any agency of New York State which is empowered to construct and operate an eligible project, or any two or more of the foregoing which are acting jointly in connection with an eligible project.

More information about the Drinking Water SRF, including information on the application process and application package for publicly-owned municipal systems, eligibility requirements, and the latest Intended Use Plan and Amendments, can be found by visiting the dropdown menu.

Privately-Owned Systems

Privately-owned community water systems and non-profit, non-community water systems may apply for financing for DWSRF-eligible projects.

More information about the Drinking Water SRF, including information on the application process and application package for privately-owned systems, eligibility requirements, and the latest Intended Use Plan and Amendments, can be found by visiting the dropdown menu.

Privacy Statement