The Clean Water State Revolving Fund (CWSRF) is jointly administered by EFC and the New York State Department of Environmental Conservation (DEC). Since 1990, the program has provided more than $14 billion in low-cost financing under this program.

The CWSRF provides low-interest rate financing to municipalities to construct water quality protection projects such as sewers and wastewater treatment facilities. A variety of publicly-owned water quality improvement projects are eligible for financing. Eligible projects include point source projects such as wastewater treatment facilities and nonpoint source projects such as stormwater management projects and landfill closures, as well as certain habitat restoration and protection projects in national estuary program areas.

As financings are repaid, money will be available for new financings- a true revolving fund. For communities with demonstrated financial hardship, interest rates can be reduced to as low as zero percent.

In 2009, under the American Recovery and Reinvestment Act (ARRA), the Corporation created the Green Innovation Grant Program (GIGP). In its first year, the GIGP committed $44.4 million to 49 projects (35 Clean Water and 14 Drinking Water) across New York State. GIGP 2010 is providing approximately $15 million for Clean Water projects.

Municipal applicants may apply for financing for any CWSRF-eligible project. A municipality means any county, city, town, village, district corporation, county or town improvement district, Indian reservation wholly within New York State, any public benefit corporation or public authority established pursuant to the laws of New York, or any agency of New York State which is empowered to construct and operate a project, or any two or more of the foregoing which are acting jointly in connection with a project.

More information about the Clean Water SRF, including information on the application process and application package for municipalities, eligibility requirements, and the latest Intended Use Plan and Amendments, can be found by visiting the dropdown menu.

To view the project listing form for municipalities, click here.

Any municipality which is authorized to acquire land for water quality protection purposes under Article 49 of the NYS Environmental Conservation Law may apply for CWSRF financing for land acquisition to protect water quality.

Any qualified not-for-profit organization which is authorized to acquire land for water quality protection purposes under Article 49 of the NYS Environmental Conservation Law may apply for CWSRF financing for land acquisition to protect water quality.

Non-municipal entities may apply for financing CWSRF-eligible nonpoint source projects in Category E of the IUP for projects including, but not limited to:  brownfield remediation, landfill leachate collection, storage and treatment, landfill gas collection, landfill capping,stormwater management, waterbody restoration, and failing decentralized septic systems.