Jun 22, 2001 — The Environmental Protection Agency (EPA) has released an update on the progress of the Clean Water State Revolving Fund (CWSRF), the low-interest rate loan program available under the Clean Water Act.
The CWSRF has provided over $30 billion to improve water quality since its inception in 1987. While the Traditional emphasis of CWSRF loans has been on municipal wastewater treatment systems, the report notes that states are increasingly using the CWSRF to finance programs for watershed protection projects, including land purchase, wetlands enhancement, and reducing polluted runoff.
Also, nearly half the states use CWSRF funds to leverage additional financial support, allowing states to award an average of about $3.2 billion annually over the last five years.
The report, Financing America's Clean Water Since 1987: A Report of Progress and Innovation (EPA-832-R-00-011), can be downloaded from this link: http://www.epa.gov/owm/pdfs/progress.pdf, or ordered by calling the National Service Center for Environmental Publications (NSCEP) at 1-800-490-9198.
