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water infrastructure financing

VT Pollution Control SRF

Vermont statute allows for potential project funding through this funding source.   All dollars are Vermont based, therefore, there are no federal requirements associated with these projects.  Projects generally follow the CWSRF process, but several requirements can be omitted, such as:

  • NEPA Environmental Review
  • American Iron and Steel
  • Davis-Bacon Wage Rates
  • Disadvantaged Business Enterprise 

However, there are still several similar State of Vermont requirements, such as:

Environmental Review

Environmental Review Process for SRF Projects

All federally funded projects are required to comply with the National Environmental Policy Act (NEPA). Since both the Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF) receive federal funds, all elements of these projects must comply with NEPA. The State of Vermont has established two State Environmental Review Procedures (SERPs) to complete the environmental reviews associated with the required NEPA review.

SRF Environmental Information Document Submission

Water Infrastructure Financing Programs

The Water Investment Division manages several different water infrastructure loan and grant programs.  Collectively they are called the Water Infrastructure Financing Programs.  Programs, when similar, are set up to be administered in similar ways to create more predictable processes for our loan and grant recipients.  Please call us if you have questions about a particular program.

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