Kentucky Infrastructure Authority 2021 SRF Call For Projects

press - 10/21/2019

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Kentucky Infrastructure Authority 2021 SRF Call For Projects

Fall is here and marks the beginning of the annual Call for Projects. Over $105 million is anticipated to be available the Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF) infrastructure loan programs. The Kentucky Infrastructure Authority (KIA) and the Kentucky Division of Water (DOW) are pleased to announce the Call for Projects for the Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF) infrastructure loan programs. The 2021 Call for Projects will be open from October 14, 2019 to December 16, 2019. Time to get your Project Profiles ready!

To view the FY 2021 Priority System Guidance Documents please click on one of the following links:

2021 Clean Water Priority System Guidance Document

or

2021 Drinking Water Priority System Guidance Document


What is the SRF?

The State Revolving Fund (SRF) programs are low interest loan programs for drinking water, wastewater, stormwater or nonpoint source infrastructure projects. Examples include: water and sewer line replacements and extensions, new water storage tanks, tank refurbishment, treatment projects, and much more! Our loan terms consist of 20-40* year terms with competitive interest rates. Interest rates are set annually and have not been established for the 2021 funding cycle, however, current interest rates range from 0.50 percent to 2.5 percent.

How do I apply?

If you are interested in receiving funding from either SRF loan program, you must coordinate with your Area Development District Planner to prepare an electronic Project Profile. Information contained in the Project Profile will be used by the Division of Water (DOW) to score and rank projects based on the published set of criteria. Requests for funding will not be accepted after the Call for Projects period ends.

How do I know if I will receive funding?

After the Call for Projects closes in December, the Division of Water scores all of the projects submitted for consideration and prepares a Project Priority List. This list is released in May of each year as part of the Intended Use Plan or IUP. Projects are funded in ranked priority order.

For information on loan requirements, terms or borrower eligibility please contact Donna McNeil (donna.mcneil@ky.gov , 502-892-3496) of the Kentucky Infrastructure Authority.

For more information about completing a Project Profile contact your local Area Development Distroct office or Donald Schierer (donald.schierer@ky.gov) , 502-892-3485) of the Kentucky Infrastructure Authority.

If you have questions on project eligibility please contact the Kentucky Division of Water, Water Infrastructure Branch: Anshu Singh (anshu.singh@ky.gov) at 606-929-5285 or Russell Neal (russell.neal@ky.gov) at 502-782-7026.

Visit our websites:

Kentucky Infrastructure Authority (KIA)

Kentucky Division of Water (DOW)

Other important links associated with KIA and DOW funding programs:


KIA Loan Programs
Federally Assisted Clean Water Revolving Loan (CWSRF)
Federally Assisted Drinking Water Revolving Loan (DWSRF)

WRIS Portal - Project Profile
WRIS Portal - System Information
Clean Water Project Profile Pre-Application
Drinking Water Project Profile Pre-Application

DOW Clean Water State Revolving Fund
DOW Drinking Water State Revolving Fund
DOW Nonpoint Source Grants
(*for qualified borrowers)

 


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