Florida's State Revolving Fund (SRF) is made up of three programs - Clean Water State Revolving Fund, Drinking Water State Revolving Fund and State Revolving Fund Management. Both the Clean Water and the Drinking Water SRF Programs are funded through money received from federal grants as well as state contributions. These funds then "revolve" through the repayment of previous loans and interest earned. While these programs offer loans, grant-like funding is also available for qualified small, disadvantaged communities, which reduces the amount owed on loans by the percentage that the community qualifies.

Each program is briefly described below with links to more information.

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Clean Water State Revolving Fund staff

Clean Water State Revolving Fund

The Clean Water State Revolving Fund (CWSRF) Program provides low-interest loans to local governments to plan, design, and build or upgrade wastewater, stormwater, and nonpoint source pollution prevention projects. Certain agricultural best management practices may also qualify for funding. Discounted assistance (e.g., very low interest rates, grants, etc.) for small communities is available. Interest rates on loans are below market rates and vary based on the economic wherewithal of the community.

Drinking Water State Revolving Fund
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Drinking Water State Revolving Fund Staff

The Drinking Water State Revolving Fund (DWSRF) Program provides low-interest loans to local governments and private utilities to plan, design, and build or upgrade drinking water systems. Discounted assistance (e.g., very low interest rates, grants, etc.) for disadvantaged communities is available. Interest rates on loans are below market rates and vary based on the economic wherewithal of the community.

State Revolving Fund Management
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State Revolving Fund Management Group (2023)

The SRF Management Program supports the Drinking Water SRF and Clean Water SRF programs by writing loan agreements, reviewing financials, approving procurement, processing disbursements and managing billing.

Eligibility

Generally, local governments (city and county) and special districts are eligible loan sponsors. For drinking water projects, private utilities are also eligible. For specific eligibility information see Clean Water SRF or Drinking Water SRF program.

How to Apply

The first step in the process for SRF funding, both Clean Water and Drinking Water SRF, is the submission of a Request for Inclusion form, which can be submitted any time during the year. The information in the form is used to establish a project’s eligibility for funding, including any principal forgiveness, and priority score which is then used for placement on the funding list (“priority list”) at the next quarterly public meeting (held the second Wednesdays of August, November, February and May). Projects are funded, in order of their priority score, until funds are exhausted. Once on the funding list, the process for applying for the loan may begin.

More Information

Program Resources

Contact Us

Please see SRF Program Contacts webpage for contact information for all three of the SRF programs.