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Drinking Water State <br />Revolving Fund <br />(DWSRF) Program <br /> <br />WHAT IS THE DWSRF PROGRAM AND WHO CAN <br />APPLY? <br /> <br />The Drinking Water State Revolving Fund (DWSRF) provides loans at interest rates <br />lower than the market offer to finance projects for public drinking water systems that <br />facilitate compliance with primary drinking water regulations or otherwise significantly <br />further the health protection objectives of the federal Safe Drinking Water Act (SDWA). <br />Applicants may be a political subdivision of the state, a nonprofit water supply <br />corporation, privately-owned water system and state agencies. <br /> <br />HOW CAN DWSRF LOANS BE USED? <br /> <br />Loans can be used for the planning, design, and construction of projects to upgrade <br />or replace water supply infrastructure, to correct exceedances of SDWA health <br />standards, to consolidate water supplies and to purchase capacity in water systems. <br />DWSRF loan proceeds can also be used to purchase land integral to the project. <br /> <br />Under the Source Water Protection Program, an applicant may apply for a loan to <br />purchase land or conservation easements, if the purpose of the purchase is to protect <br />the source water of a public system from contamination and to ensure compliance with <br />national primary drinking water regulations. <br /> <br />WHAT LOAN TERMS ARE OFFERED THROUGH THE <br />DWSRF? <br /> <br />The DWSRF offers a net long-term interest lending rate of 1.2 percent below the rate <br /> <br /> <br />