The DWSRF Planning loan program provides 0% interest, 5-year term loans to public water systems seeking to conduct preliminary and final design engineering. This preliminary engineering can run the gamut from source exploration to feasibility studies for water system acquisition to preliminary and final design of a construction project. One of the most attractive aspects of the planning loan program is the opportunity for municipally-owned systems to obtain principal loan forgiveness, based on system population, projected user rate, eligible project costs, and funding source.
Planning loans are awarded for preliminary engineering planning studies, preliminary and final engineering plans and specifications for water system improvement projects needed to comply with state and federal standards and to protect public health. Nearly all water system improvement projects are eligible (new construction, renovation or replacement, or consolidation of systems). Costs incurred prior to a commitment of loan funds by DEC are not eligible for a loan.
Planning loans are available for the following systems:
- Municipal public community systems with populations <10,000
- Municipal non-transient, non-community (NTNC) water systems
- Private non-profit community water system with populations <10,000