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IFA SRF Loan Program Presentation to the ACEC EBC September 12, 2013

IFA SRF Loan Program Presentation to the ACEC EBC September 12, 2013. Programs Offered. SRF. Brownfields. Assessment / Remediation of Brownfield Sites Low Interest Loans Assessment and Remediation Assistance Liability Determinations (Note: All SRF and BF funding is provided by US EPA).

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IFA SRF Loan Program Presentation to the ACEC EBC September 12, 2013

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  1. IFA SRF Loan Program Presentation to the ACEC EBC September 12, 2013

  2. Programs Offered SRF Brownfields Assessment / Remediation of Brownfield Sites Low Interest Loans Assessment and Remediation Assistance Liability Determinations (Note: All SRF and BF funding is provided by US EPA) • Clean Water & Drinking Water Infrastructure Projects • Low Interest Loans • Additional Interest Rate Reduction • Green / Sustainable Projects • Non-point Source Projects • Grants (Limited) • Started with ARRA • Cont’d with 2010 -2013 EPA Awards

  3. Wastewater (1989-2012) EPA Capitalization Grant $798.1 Million Cumulative State Match $159.4 Million American Recovery and Reinvestment Act of 2009 (ARRA) Capitalization Grant $94.4 Million Net leveraged Bonds $1.49 Billion Drinking Water (1997-2012) EPA Capitalization Grant $214.4 Million Cumulative State Match $42.8 Million American Recovery and Reinvestment Act of 2009 (ARRA) Capitalization Grant $27.2 Million Net leveraged Bonds $301.7 Million SRF Program History - Capitalization

  4. SRF Program Results – Cumulativeas of June 30, 2013 • 427 Clean Water loans closed • 196 Drinking Water loans closed • Over 300 Communities served • Over $3.4 Billion of loans closed • Over $2.4 Billion disbursed to communities • Over past 4 years, $500 Million interest savings

  5. SRF Program Results

  6. Indiana Finance Authority State Revolving Loan Programs All Indiana State Revolving Fund Projects Closed Since 1992

  7. SRF 2014 Priority Lists The SRF State Fiscal Year 2014 Project Priority Lists (Q1) identify $477,487,935 in infrastructure needs. Identified Needs SFY 2014 • Drinking WaterFunding Allocation • $87,103,134 $25 Million (10 projects) • Clean Water • $182,634,340 Large Systems $100 Million (10 projects) • $207,750,461 Small Systems $50 Million (11 projects) To view the Project Priority Lists: http://www.in.gov/ifa/srf/2373.htm

  8. EPA Grant Information EPA Grant Information (FY 2014): CW - $32.2 Million Additional Subsidization $2.2M GPR $3.3M DW - $14.1 Million Additional Subsidization $3M GPR $0

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

  10. Applications • Accepted all year • July 1 Priority Ranking • July 1 - December 31 Priority funds available • January 1 first come, first serve • Current SFY funds available until June 30

  11. 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

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