
(File image)
(KNOX) – The State Revolving Fund (SRF) programs, jointly administered by the North Dakota Department of Environmental Quality and the North Dakota Public Finance Authority, awarded six loans in August to support critical water infrastructure.
Grafton received a $2.6 million DWSRF loan to replace asbestos cement water main with PVC, which will reduce the number of failures and provide safe, reliable drinking water to residents.
The U.S. Environmental Protection Agency provides part of the SRF Programs funding, which offers below-market interest rate loans to political subdivisions for financing projects authorized under the Clean Water Act and Safe Drinking Water Act. SRF programs operate nationwide to provide funding to maintain and improve the infrastructure that protects our vital water resources.
Loans are awarded to projects listed on the NDDEQ project priority list based on project eligibility and repayment ability










