1 / 14

Indiana Finance Authority SRF Loan Program

Indiana Finance Authority SRF Loan Program. Presentation for the ACEC Annual Environmental Business Conference October 12, 2011. SRF Program Results. SRF is one of the largest wastewater and drinking water infrastructure financing sources in Indiana. Over 384 Wastewater loans closed

monet
Download Presentation

Indiana Finance Authority SRF Loan Program

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Indiana Finance AuthoritySRF Loan Program Presentation for the ACEC Annual Environmental Business Conference October 12, 2011

  2. SRF Program Results SRF is one of the largest wastewater and drinking water infrastructure financing sources in Indiana. • Over 384 Wastewater loans closed • Over 171 Drinking Water loans closed • Over 300 communities served • Over $2.8 billion of loans closed • Over $2.3 billion disbursed to communities • Over past 3 years, $435M Interest Savings

  3. SRF Program Summary

  4. Estimated Need: Drinking Water The 2007 EPA DW Infrastructure Needs Report identifies over $5.9 Billion in DW needs over the next 20 years in Indiana. The most substantial needs occur in: • Transmission and Distribution • Treatment • Storage • Source

  5. Estimated Need: Wastewater The 2008 EPA CW Needs Congressional Report identifies over $7.8 Billion in CW infrastructure needs over the next 20 years in Indiana. The most substantial needs occur in: • Combined Sewer Overflows • New Collector Sewers • Advanced Treatment • Sewer Rehabilitation • Treatment Plan upgrades

  6. SRF Priority Lists The SRF SFY 2012 Project Priority Lists identify $1.1 Billion in infrastructure needs • Drinking Water • $ 146,137,430 • Wastewater • $873,883,218 Large Systems • $ 159,201,282 Small Systems To view the Project Priority Lists http://www.in.gov/ifa/srf/2373.htm

  7. EPA Grant Information 2011 EPA Grant Information: CW - $35.6 Million Required Additional Subsidization $10M Required GPR $7M DW - $15.5 Million Required Additional Subsidization $4.6M Required GPR $3M

  8. SRF Green Project Reserve (GPR) • Clean Water

  9. SRF Green Project Reserve (GPR) • Drinking Water

  10. SRF Interest Rates (Q2) Up to an additional .50% reduction if a non-point-source or green project is financed .

  11. SRF Green Project Reserve (GPR) • Current EPA Requirements (as of July 2011): • Categories: • GI/Sustainability • Water Efficiency • Energy Efficiency • Environmentally Innovative • Categorical Exclusions (Limited) • Business Case (See SRF Web Site) • http://www.in.gov/ifa/srf/2381.htm

  12. Contacts Programmatic Information Emma Kottlowski Technical Review Manager 317/234-1463 ekottlowski@ifa.in.gov Shelley Love Wastewater Administrator 317/233-4396 slove@ifa.in.us Sarah Hudson Drinking Water Administrator 317/232-8663 sahudson@ifa.in.us Finance-related Information Alison Martin Finance Manager 317/234-3080 akincius@ifa.in.gov Bill Harkins SRF Program Director 317/234-4862 wharkins@ifa.in.gov

More Related