1. Finance Options: Funding Water Infrastructure Projects George Bryan South Carolina Department of Health and Environmental Control State Revolving Fund

2. State Revolving Fund And Resiliency
George Bryan, Project Manager
State Revolving Fund Program
June 22, 2017

3. State Revolving Fund What is it? Why is it called “revolving”?
A fund used to make loans for public infrastructure
Why is it called “revolving”?
Repayments on loans (principal + interest) go back to fund to pay for future projects and grow the fund
Two separate SRFs:
Clean Water State Revolving Fund
Drinking Water State Revolving Fund

4. Historical Perspective
Clean Water (CWSRF) program
Federal Water Pollution Control Act aka Clean Water Act (CWA), amendments in 1987
Drinking Water (DWSRF) program
Safe Drinking Water Act (SDWA), amendments in 1996

5. Program Management
US EPA administers both programs with States as local partners
In SC two agencies make up the SC Water Quality Revolving Fund Authority
Department of Health and Environmental Control (DHEC) is EPA grantee and manages the technical aspects of the program
Rural Infrastructure Authority’s (RIA) Office of Local Government (OLG) handles the financial responsibilities of the program

6. Source of Funds
Capitalization grants (i.e., seed money) from Congressional appropriation through EPA to States
State match to Federal funds
20¢ for every $1
Principal + Interest on loans (repayments)
Investment earnings

7. Clean Water SRF Goals: Eligibility:
Compliance with federal and state surface water quality standards
Promote sustainability
Eligibility:
Municipalities
Counties
Special Purpose Districts
Joint Regional Entities as established by state law (Title VI, Chapter 25)

8. Clean Water: Project Categories
Publicly-Owned Treatment Works (POTW)
Non-Point Source Pollution (NPS)
Important Note:
Projects solely for growth ARE allowed but are low priority

9. Publicly-Owned Treatment Works (POTW) Projects
Wastewater collection, transportation and treatment starting at customer’s property line and ending at effluent discharge and disposal of treatment residuals
Systems for collecting, controlling and releasing stormwater run-off
Projects that reduce wastewater generation, reduce treatment residuals and recycling/reclamation of treated effluent and residuals

10. Non-Point Source Projects
Stormwater improvement
Watershed improvement
Groundwater quality protection

11. Drinking Water SRF Goals: Eligibility:
Protect public health and compliance with state drinking standard
Promote sustainability
Eligibility:
Community Water Systems (e.g., Municipalities, Counties and Special Purpose Districts)

12. Drinking Water: Project Categories
Drinking water treatment/storage/ distribution projects
Water conservation projects
Source water protection projects

13. SRF Funding for Resiliency?
SC SRF:
Cannot fund planning for resiliency on its own.
Can fund design for resiliency and any resilient elements needed to construct SRF-eligible infrastructure using an SRF low-interest loan.

14. Contact Us George Bryan, Project Manager State Revolving Fund Program
Bureau of Water
SCDHEC