The Clean Water State Revolving Fund (CWSRF) is a financing tool that supports a variety of water quality protection projects, including construction of and upgrades to wastewater treatment plants, stormwater management, and energy efficiency. Funding generally takes the form of low-interest loans that cities can access through their state—but the Bipartisan Infrastructure (BIL) made important changes. Specifically, roughly half of the CWSRF funding through BIL is in forgivable loans and grants for disadvantaged communities, making it more affordable than ever to implement meaningful water projects.
Maximize Your Impact: How to Drive Innovation with Infrastructure Funding
The Bipartisan Infrastructure Law (BIL), which became law on November 15, 2021, made significant investments in the nation’s infrastructure and communities, including for roads, public transit, rail, water, energy, climate resilience, and broadband access. To date...