The program provides low-interest loans to private entities for implementing environmentally responsible strategies for stormwater management. These include:
Infiltration practices, soil quality restoration, native landscaping
Bioretention cells, bioswales and rain gardens
Pond / wetland system
Grassed waterways
Permeable paving systems
Green roofs
Eligibility
Loans can be made to homeowners, developers or businesses. The applicant must designate and have a commitment from the entity responsible for the long-term maintenance of the stormwater quality practices. Pollution prevention measures required in National Pollutant Discharge Elimination System (NPDES) permits are NOT eligible.
Terms
Loan amounts start from $5,000
Terms up to 20 years
Can fund up to 100% of eligible project costs
Interest rates capped at 3% for life of the loan
Applications accepted anytime
Available through the lender of your choice
Application Instructions
The application process is coordinated through the Division of Soil Conservation and Water Quality (DSCWQ) and Soil and Water Conservation Districts (SWCD). All projects should must meet project milestones listed on the application and receive notification of approval before proceeding to financing.
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Details
Financial Instrument
Loan
Minimum Award Amount
$5,000
Updated April 18, 2024
Image Credit: Ottis Bunning
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