In 2013, the Storm Mitigation Loan Program (SMLP) was created with Federal funds made available through the Disaster Relief Appropriations Act (DRAA). The program is administered by the Environmental Facilities Corporation, along with the Department of Environmental Conservation and the Department of Health, with the SMLP funds allocated through the Clean Water and Drinking Water State Revolving Funds (SRF).
New York State's share of the DRAA allocation is approximately $340 million: $283.1 million through the Clean Water State Revolving Fund (CWSRF) and $56.6 million through the Drinking Water State Revolving Fund (DWSRF).
DRAA allows each state to offer up to 30% of the federal funds in the form of grant, which equates to $84.9 million for the CWSRF and $17 million for the DWSRF. Each state must supply a 20% match to secure the grant, which requires an additional $56.6 million for the CWSRF and $11.3 million for the DWSRF, bringing the total amount of financial assistance available to $339.7 million for the CWSRF and $67.9 million for the DWSRF.
Financing has been made available to following projects, located in the 14 disaster-declared counties (see map). These projects meet SMLP eligibility criteria to reduce flood damage risk and vulnerability and/or to enhance resiliency to rapid hydrologic change or a natural disaster at treatment works, as defined by section 212 of the Federal Water Pollution Control Act, or any eligible facilities under section 1452 of the Safe Drinking Water Act.