SFY 16 Water Quality Combined Funding Cycle Overview Shelly McMurry SRF Coordinator Water Quality Program.

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Presentation transcript:

SFY 16 Water Quality Combined Funding Cycle Overview Shelly McMurry SRF Coordinator Water Quality Program

Water Quality Program Goals Ecology’s Water Quality Program goals guide the funding programs and eligibility  To prevent and clean up water pollution  To help communities make sustainable choices that reduce and prevent water quality problems  To provide water quality partners with technical and financial assistance

Funding Sources Clean Water State Revolving Fund (SRF) Stormwater Financial Assistance Program (SFAP) Centennial Clean Water Program (Centennial) Clean Water Act Section 319 (319)

Integrated Funding Program

State Revolving Fund (SRF) Subsidized loan program Funded through:  Federal grants  20% state match  Repaid principal and interest Funds facilities and activities projects Average: ~$66M/year

SRF Interest Rates Based on tax-exempt municipal bonds rate For SFY16:  6-20 year loan: 2.4% (60% of MR)  1-5 year loan: 1.2% (30% of MR) MR = Market Rate for tax-exempt municipal bonds

Stormwater Financial Assistance Program (SFAP) State grant program Funded from state sources Funds stormwater projects not explicitly required by NPDES permits Cities and Counties eligible 1st time in the integrated program ~$66M available

Centennial Program State grant program Funded from state sources Funds hardship facilities and nonpoint activities projects Average: ~$30M/year

Section 319 Program Funded through:  Federal grant  40% state match Funds nonpoint source pollution control activities projects Average: ~$1.9M/year

Who is Eligible to Apply? Local Governments Federally Recognized Tribes Special Purpose Districts Non-profits (Section 319 only)

Types of Projects Funded Wastewater Facility Projects Stormwater Facility Projects Stormwater Activity Projects Nonpoint Source Activity Projects Onsite Sewage System Projects

Types of Projects Funded Plus, special categories:  Hardship  Preconstruction  Green Project Reserve (GPR )

SFAP: Hardship Criteria for hardship:  <25,000 population  MHI <80% State MHI Subsidy:  Match reduced from 25% to 15%

Estimated Funding 1 Fund SourceSFY15SFY16 SRF Loans (w/possible forgivable principal) $180 million$90 million 2 SFAP Grants$---$66 million Centennial Grants$22 million$25 million 3 Section 319 Grants$1.6 million$1.6 million 4 1 = Subject to change based on State Legislature appropriations for the Biennial Budget and Congressional appropriations for the Federal Budget 2 = Based partially on the Federal Fiscal Year 2014 Capitalization Grant 3 = Based on Biennial Budget request 4 = Based on the Federal Fiscal Year 2014 Federal Grant

Estimated Funding & Set-asides

Funding Ceiling Amounts

Match Requirements

SFY16 Funding Cycle

Key Dates November 7, 2014: applications via EAGL due February 2015: draft funding list available April 2015: expected final budget July 1, 2015: final list, formal offers, money available from legislature January 31, 2016: agreements signed April 30, 2016: work underway July 1, 2018: activity projects complete (3 years) July 1, 2020: facility projects complete (5 years)

For Additional Information

Questions