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EPA Announces $1.9 billion in State Revolving Loan Funds to Upgrade Water Infrastructure Nationwide

Late last Friday (May 13), EPA announced $1.9 billion in new base federal grant funding to the State Revolving Funds (SRF). These funds are split between the Clean Water SRF (CWSRF) and the Drinking Water SRF (DWSRF), with the two programs receiving $1.2 billion and $728 million, respectively. These base allotment amounts for both programs reflect the appropriation of $1,638,826,000 (CWSRF) and $1,126,088,000 (DWSRF) reduced by the funds directed by Congress towards Community Project Funding/Congressionally Directed Spending projects, colloquially referred to as earmarks.

This base federal grant funding is separate from the money both programs will receive in FY 2022 from the Bipartisan Infrastructure Law (BIL). Under the BIL, the CWSRF program will receive an additional $2 billion, and the DWSRF will receive an additional $5.7 billion. The Agency touts that this funding “will help states, Tribes, and territories upgrade water infrastructure to provide safe drinking water, protect vital water resources, and create thousands of new jobs in communities across the country.”

See the breakdown of the 2022 Base CWSRF Allotment

See the breakdown of the 2022 Base DWSRF Allotment