U.S. State Revolving Funds 2022: Breaking Down Project Data by Requests and Distributions

The SRF programs are set to take on an even more prominent role in U.S. water, wastewater, and stormwater infrastructure investment with the November 2021 passage of the Infrastructure Investment and Jobs Act (IIJA). Of the US$55 billion in federal dollars earmarked for the water sector over a five-year period in the IIJA, nearly 90% will be channeled through the existing CWSRF and DWSRF programs. By tracking SRF applicants, projects, and awarded funding by state and project type, Bluefield will evaluate progress toward key IIJA policy goals, such as scaling up funding for lead service line and PFAS remediation and expanding federal infrastructure investment in small, rural, or disadvantaged communities.

This Insight Report draws from the analysis of 14,085 funding requests and commitments by 6,727 utilities across all 50 U.S. states, representing US$28.1 billion in awarded funding. Backed by data from individual projects, Bluefield’s team of water experts identifies key trends and shifts in overall funding requests, including by state and project type.