Water Infrastructure Funding
Upcoming Sources of Funds
State Revolving Loan Funds: Clean Water and Drinking Water: (Formula to States)
The stimulus bill provides supplemental capital funding for State Revolving Funds (SRF) including $4 billion for Clean Water SRFs and $2 billion for Drinking Water SRFs. These funds could be used on a number of water and wastewater projects within the City. Projects that use these stimulus funds are required to be under contract or construction within one year. Each State shall use at least 50 percent of the funds to provide additional subsidization in the form of forgiveness of principle, negative interest loans, and grants. A heavy emphasis will be placed on SRF projects that advance green infrastructure; water or energy efficiency improvements or other environmentally innovative activities.
Bureau of Reclamation: (Competitive grants)
The legislation provides $1 billion in supplemental funding for water and water related resource activities and projects, in particular ground water, water reclamation and water reuse projects. The City of San Diego regularly seeks Bureau of Reclamation money for water projects. Some of these funds will be formula driven to regional offices.