This year, Ohio EPA received a record number of nominations for the Water Supply Revolving Loan Account (WSRLA) – more than 180 projects and more than $400 million for upcoming program year (PY) 2020. This reflects the growing popularity of the WSRLA and the continued, widespread need for drinking water infrastructure improvements. During calendar year 2018, the WSRLA loaned out an all-time-high of more than $233 million in funds for drinking water improvement projects.
Ohio EPA annually solicits project nominations for the WSRLA. Those project nominations are scored, ranked, and placed on an Intended Projects List (IPL). The IPL is part of a larger program management plan (PMP) that is currently available for public review and comment through June 11, 2019. During PY 2020 (July 1, 2019 through June 30, 2020), Ohio EPA expects to have enough funds available to make loan awards to all eligible projects that meet program requirements. Additionally, Ohio EPA expects to have about $15 million in principal forgiveness (grant-like) funds available. Priority areas for these principal forgiveness funds include economically challenged entities dealing with: system regionalization; projects directly related to human health; lead service line replacements; and emergency connections. Special loan discounts are also available for some of the above priorities, as well as projects that address harmful algal blooms at surface water treatment plants.
For more information on the WSRLA, please contact Jon Bernstein at firstname.lastname@example.org or (614) 644-3715.
Since the WSRLA program began in 1998, the program has awarded more than 720 loans totaling nearly $1.6 billion for a wide variety of public drinking water infrastructure.