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GEORGIA ENVIRONMENTAL FACILITIES AUTHORITY www.gefa.org. WATER & SEWER FINANCING ENERGY EFFICIENCY LAND CONSERVATION RENEWABLE ENERGY FUEL STORAGE. State Revolving Fund Public Meeting (SRF Intended Use Plan). May 21, 2010. Public Comments. www.gefa.org.
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GEORGIA ENVIRONMENTAL FACILITIES AUTHORITY www.gefa.org WATER & SEWER FINANCINGENERGY EFFICIENCYLAND CONSERVATIONRENEWABLE ENERGYFUEL STORAGE State Revolving Fund Public Meeting (SRF Intended Use Plan) May 21, 2010
Public Comments www.gefa.org • Draft Intended Use Plans posted on GEFA’s website on Wednesday May 20th • In addition, comments to the Intended Use Plan can be made via e-mail to Jason Bodwell (jason@gefa.ga.gov) through the Close-of-Business on Wednesday May 26, 2010. • We will take note of any public comment made at today’s meeting. • All comments will be reviewed and adjustments to the Intended Use Plan will be made if GEFA staff feels as though the comment warrants. • All answers to non-project-specific comments will be posted on the GEFA website by Close-of-Business on Thursday May 27, 2010.
Additional Subsidization - CW www.gefa.org • Tier 1 CW Projects • 15% of loan amount drawn - principal forgiveness • 85% of loan amount drawn – 3% interest loan with a 2% closing fee (total value of signed loan contract) • Requirements: • Compliant with GEFA minimum requirements by 9/30/2010 • Qualified Local Government status • Service Delivery Strategy requirements • State Audit requirements • Metropolitan North Georgia Water Planning District (if applicable) • Notice to Proceed by 12/31/2010 • Tier 2 CW Projects • Option 1 – Guarantee of 3% interest loan with a 2% closing fee when ready • Option 2 – Wait to see if Tier 1 funds become available on 12/31/2010 • Tier 3 CW Projects • 3% interest loan with a 2% closing fee available first-come-first-serve (approx. $50 million)
Additional Subsidization - DW www.gefa.org • Tier 1 DW Projects • 30% of loan amount drawn - principal forgiveness • 70% of loan amount drawn – 3% interest loan with a 2% closing fee (total value of signed loan contract) • Requirements: • Compliant with GEFA minimum requirements by 9/30/2010 • Qualified Local Government status • Service Delivery Strategy requirements • State Audit requirements • Metropolitan North Georgia Water Planning District (if applicable) • Notice to Proceed by 12/31/2010 • Tier 2 DW Projects • Option 1 – Guarantee of 3% interest loan with a 2% closing fee when ready • Option 2 – Wait to see if Tier 1 funds become available on 12/31/2010 • Tier 3 DW Projects • 3% interest loan with a 2% closing fee available first-come-first-serve (approx. $20 million)
Green Project Reserve – (CW & DW) www.gefa.org • Tier 1 Green Projects • 50% of loan amount drawn - principal forgiveness • 50% of loan amount drawn – 3% interest loan with a 2% closing fee • Requirements: • Compliant with GEFA minimum requirements by 9/30/2010 • Qualified Local Government status • Service Delivery Strategy requirements • State Audit requirements • Metropolitan North Georgia Water Planning District (if applicable) • Notice to Proceed by 12/31/2010 • Tier 2 Green Projects • Option 1 – Wait to see if Tier 1 funds become available on 12/31/2010 • Option 2 – Rollover to Tier 3 of base program
Set-asides www.gefa.org • Clean Water set-asides • 4% of grant for administration ($1,377,960) • Drinking Water set-asides • 4% of grant for administration ($1,282,840) • 2% of grant to implement SB 370 water loss audits and provide state-of the art leak detection services to eligible small systems ($641,420) • 10% of grant for Source Water Assessment, Cryptosporidiosis, Information Management, Capacity Development, Statewide Water Plan and Water Conservation and Water Efficiency activities ($3,207,100) • 15% of grant for Capacity Development, Statewide Water Plan, and Wellhead Protection activities ($4,810,650)
General Requirements www.gefa.org • Requirements – (Current/ongoing) • Davis-Bacon • Minority Business Enterprise/Woman Business Enterprise • State procurement for construction contracts • ARRA requirements that no longer apply • Buy America • 1512 job reporting • T&I Reporting
GEFA 2010 Board Meeting schedule www.gefa.org • June 17, 2010 • July 20, 2010 • August 31, 2010 • September 21, 2010 • October 19, 2010 • November 16, 2010 • December 16, 2010 • Completed application Part I and Part II must be at GEFA 6 weeks prior to the GEFA Board meeting in order to be presented to the GEFA Board for approval • Part I GEFA Application • Part II GEFA Application • http://www.gefa.org/Index.aspx?page=154
GEORGIA ENVIRONMENTAL FACILITIES AUTHORITY Jason Bodwell SRF Program Manager (404) 584-1129 Jason@gefa.ga.gov Bianca Jaikaran Green Project Program Manager (404) 584-1039 Bianca@gefa.ga.gov www.gefa.org 233 Peachtree St., NE Harris Tower, Suite 900 Atlanta, Georgia 30303
CW Funding List – Tier 1 www.gefa.org
DW Funding List – Tier 1 www.gefa.org
Green (CW) Funding List – Tier 1 www.gefa.org
Green (DW) Funding List – Tier 1 www.gefa.org