water infrastructure financing

VT Pollution Control Grants

Currently Vermont statute allows for Pollution Control Grants of 10%  - 35% for qualifying Water Pollution Abatement and Control Projects. 

Qualifying project elements must be Water Pollution Abatement and Control Facilities.

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:

DWSRF Water Planning Loan

The DWSRF Planning loan program provides 0% interest 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 loans accrue no interest and require no payments on the loan until the project goes to construction; if construction does not occur, payment of the loan occurs over a five year period.

Environmental Review

All federally funded projects are required to comply with NEPA, the National Environmental Policy Act. Since both the CWSRF and 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.

 

Water Infrastructure Financing Programs

VT SRF application submission is now online! 
Visit https://anronline.vermont.gov/ to get started.

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.

Pages

Subscribe to RSS - water infrastructure financing