Contact: Melanie Rapp, Public Affairs, 302-739-9902
DNREC to hold three workshops in July on funding opportunities
through the Clean Water State Revolving Fund Program
DOVER (July 11, 2012) – DNREC's Financial Assistance Branch (FAB) will host three public workshops, one in each county, on new opportunities for funding through the Clean Water State Revolving Fund (CWSRF) Program. The workshops will provide information on Notices-of-Intent for wastewater, stormwater and related infrastructure projects, in preparation of the second CWSRF FY 2012 Project Priority List (PPL) process.
The workshops are scheduled:
New Castle County: 9:30 a.m. to noon, Monday, July 23, 2012: New Castle County, William J. Connor Building, 187A Old Churchmans Road, New Castle.
Kent County: 9:30 a.m. to noon, Tuesday, July 24, 2012: Kent County Administrative Complex Building, 555 South Bay Road, Dover.
Sussex County: 9:30 a.m. to noon, Wednesday, July 25, 2012: Delaware Technical and Community College, Owens Campus, William Carter Partnership Center, Room 540 A&B, Georgetown.
Government representatives, privately owned wastewater utilities, consultant engineers and other interested parties are encouraged to attend. A Notice-of-intent (NOI) must be submitted for each project and listed on the FY 2012 CWSRF Project Priority List (PPL) to receive funding consideration. Solicitation begins July 30 and continues through August 31.
The Water Pollution Control Revolving Loan Fund, also referred to as the CWSRF, is a multi-million dollar water pollution control revolving loan fund created by the Delaware General Assembly in 1990. The fund facilitates financing the construction and upgrade of municipal and privately owned wastewater and stormwater systems, and related expanded use projects. Workshop participants will learn about the following recent CWSRF program changes and new infrastructure financing tools.
v Interim Interest Rate Policy Adjustment: 62.5% of Municipal and Corporate Bond Yields
v Land Conservation Loan Sponsorship Program
v Source Water Protection Loans for Drinking Water Supplies
v Wastewater and Stormwater Facilities Matching Grants
In addition, detailed information will be presented regarding: project eligibilities; how and when to submit projects for funding consideration; project ranking criteria; project construction requirements; and how to apply for Wastewater and Stormwater Matching Planning Grants.
Attendees are asked to RSVP for the workshops by contacting Laura Rafferty at (302) 739-9941 or by email at Laura.Rafferty@state.de.us.
Vol. 42, No. 259