The State Revolving Fund (SRF) program is the primary means by which the federal and state governments provide financial support to water and wastewater infrastructure projects. The two programs, Clean Water and Drinking Water, are administered by state agencies for the purpose of providing low-interest loans for investments in water and sanitation infrastructure (e.g., sewage treatment, stormwater management facilities, drinking water treatment) and nonpoint source pollution control and estuary protection projects.
The onset of recession and greater financial stress on municipalities and their respective water & wastewater systems, underpins the value of State Revolving Fund programs—Clean Water and Drinking Water—on infrastructure investment across the 50 U.S. states. Since 2000, these critical sources of capital via loans and grants make up an average of 14.4%, or US$7.7 billion, of annual capital expenditures.
This Insight Report draws from analysis of approximately 12,012 funding requests and commitments across all 50 states. Backed by data from individual project requests, Bluefield’s team of water experts can identify trends in overall funding requests, potentially stressed systems, and needs for funding (e.g., pipe network, advanced treatment, reuse, PFAS).
- State Revolving Fund Program Overview
- Stability Maintained in Federal Distributions Toward SRFs
- SRFs Provide Critical but Insufficient Financing for Water Infrastructure
- Identifying the Clean & Drinking Water Requests by State
- Annual Variability in Drinking Water Requests from 2020 to 2021
- Annual Variability in Clean Water Requests from 2020 to 2021
- Allocated Funds versus Distributed Funds by State