June 30 DEADLINE: Colorado SRF Eligibility Survey
Victoria Arling
Dear Cindy,
The 2025 Drinking Water and Wastewater State Revolving Fund Eligibility Surveys are due in less than two weeks. All Colorado leaders and water managers, like you, are encouraged to participate.
Conducted annually, the survey is the first step to accessing Colorado State Revolving Fund dollars, which includes access to recent Bipartisan Infrastructure Law funds. Only those who complete the survey are eligible to apply for the SRF. The survey also helps CDPHE Water Quality Control Division identify water, sewer, stormwater, and nonpoint source infrastructure improvement needs throughout the state.
The survey deadline is June 30, 2024.
Click Here to Complete the Survey
We’ve included additional details about Colorado’s SRF program below. Additional questions? Reach out to WQCD project managers.
Already completed the survey and thinking about your project that needs funding? Are you facing water supply or stormwater management challenges? Do you have a water use efficiency or green infrastructure program you’re ready to bring to scale? WaterNow Alliance is here to help!
This summer, we’re launching a pro-bono technical assistance program designed to support Colorado utilities and municipalities access the Colorado Drinking Water Revolving Fund and Water Pollution Control Revolving Fund to fund and finance water supply resilience and green infrastructure projects. Our resources will include fact sheets, comprehensive "How-To" guides, webinars, and in-person presentations. Plus, we will have one-on-one coaching to assist with everything from understanding application requirements to completing pre-qualification forms and submitting your application.
Navigate your SRF financing journey with confidence. Stay tuned for more details!
All the best,
Victoria Arling
Colorado SRF Program Details:
The SRF programs provide low-interest loans with repayment terms of up to 30 years for eligible projects and entities, including for water conservation. The annual eligibility survey is not a funding application; the survey identifies infrastructure improvement needs and estimated costs for addressing those needs. The survey does not obligate communities to apply for funding. Awards of any funds are subject to completing the SRF funding application process, meeting all SRF requirements, fund availability, and applicable caps or maxes.
Grants and loans from the SRF cannot be extended to communities that have not responded to the annual eligibility survey.
Funding through the Bipartisan Infrastructure Law (BIL) is also administered through the SRF. BIL funding is issued as both loans and additional subsidization in the form of principal forgiveness. Entities seeking BIL funding must meet certain eligibility requirements. The BIL also offers dedicated funding to replace lead services lines and address emerging contaminants such as PFAS (per- and poly-fluoroalkyl substances).
Please see the 2024 Drinking Water Intended Use Plan and the 2024 Water Pollution Control Intended Use Plan to learn more. The current 2024 eligibility lists are included in the IUPs, which can be found in Appendix A.
Important Eligibility Details Not to Miss:
- Entities must submit an eligibility survey and be on the Eligibility List to be eligible for funding.
- Entities need to complete and submit the eligibility survey through the CEOS portal no later than June 30, 2024, to be added to the 2025 project eligibility lists for SRF and BIL funding.
- Questions? Visit the division’s webpage for program details and click on Section #1 Eligibility Survey for instructions and other useful information, or email cdphe_gran...@state.co.us
Upcoming Regional Workshops
This summer the Colorado State Revolving Fund Program is hosting a series of in-person, full day workshops across the state. The workshops will cover SRF basics, funding options for drinking water and wastewater infrastructure, planning, asset management, available technical assistance, and current and upcoming regulations regarding lead and emerging contaminants. Learn more and register at the links below.
· Adams State University, Alamosa, CO: July 11, 2024, 9:00am – 4:15pm (register by Friday, June 28)
· Akron Senior & Community Center, Akron, CO: July 23, 2024, 9:00am – 4:15pm (register by Friday, July 12)
Current Funding Capacity
The SRF program continues to experience a high demand for funding, and funding requests are subject to funding availability, prioritization, caps, maxes, and approval from the Colorado Water Resources and Power Development Authority Board of Directors. Due to increased demand, SRF funds have become more competitive compared with prior years. Funds are available, however, and the SRF administrators anticipate that additional Base and BIL capitalization grants will replenish funds in time for the June 5, 2024, loan application deadline.
