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src="https://dnrec.delaware.gov/wp-content/themes/dosgic_DNREC_T_theme/img/clf4img/delaware_global_d_blue@2x.png" class="logo_fade hidden-xs" alt="Delaware 'D' logo" /> <img src="https://dnrec.delaware.gov/wp-content/themes/dosgic_DNREC_T_theme/img/clf4img/delaware_global_text_blue@2x.png" class="delaware_fade" alt="Delaware.gov logo" /></a> <p class="menu_text">DNREC Menu</p> <div id="sb-search" class="sb-search pull-right"> <form id="agency-search"> <label for="txtKeyword">Search This Site</label> <input class="sb-search-input" placeholder="Search This Site" type="text" value="" name="query" id="txtKeyword" /> <input class="sb-search-submit" type="submit" value="Search" /> <span class="sb-icon-search"><i class="fa fa-search fa-fw"></i></span> </form> </div> </div> </div> </div> <div class="offset-div"></div><br /> <div id="readSpeak_test"> <div class="container" id="main_header"> <header> <h1>Environmental Finance</h1> </header> </div> <div class="container"> <div id="readspeaker_button1" class="rs_skip rsbtn rs_preserve"> <a class="rsbtn_play" accesskey="L" title="Listen to this page using ReadSpeaker" href="//app-na.readspeaker.com/cgi-bin/rsent?customerid=7262&lang=en_us&readid=readSpeak_test&url=https://dnrec.delaware.gov/environmental-finance/"> <span class="rsbtn_left rsimg rspart"> <span class="rsbtn_text"> <span>Listen</span> </span> </span> <span class="rsbtn_right rsimg rsplay rspart"></span> </a> </div> <div data-swiftype-index='true'> <div id="main_content"> <p class="lead">The DNREC Environmental Finance Office administers the <a href="/environmental-finance/revolving-fund/">Delaware Water Pollution Control Revolving Fund</a> (also known as the Clean Water State Revolving Fund), making funding available to municipalities, private organizations, nonprofit organizations and private individuals.</p> <div class="alert alert-info alert-dismissable"><button type="button" class="close" data-dismiss="alert" aria-hidden="true">×</button> There is a <strong>temporary interest rate reduction</strong> for loans under the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund. <a data-toggle="modal" href="#custom-modal-0" class="">Lean More</a> </div> <div class="col-md-4 col-xs-12 col-lg-3 pull-right"><div class="panel panel-success"><div class="panel-body"> <h4><a href="/environmental-finance/contact/">Contact Information</a></h4> <p>97 Commerce Way, Suite 106<br />Dover, DE 19904<br />302-739-9941<br /></div></div> </div> <p>The Environmental Finance Office provides planning, engineering and financial assistance in the form of low-interest <a href="/environmental-finance/revolving-fund/">loans and grants</a> to eligible applicants that request assistance to promote water quality projects which protect natural resources and reduce the risk of pollution from septic tanks, underground storage tanks and other activities. These include all types of <a href="/environmental-finance/non-point-source-funding/">non-point source</a>, watershed protection, restoration, and <a href="/environmental-finance/estuary-programs/">estuary management projects</a>, as well as more traditional <a href="/environmental-finance/wastewater-treatment/">municipal wastewater treatment projects</a>.</p> <p>The Environmental Finance Office provides administrative services to the Delaware <a href="/environmental-finance/water-infrastructure-advisory-council/">Water Infrastructure Advisory Council</a>. It works in partnership with the DHSS <a href="https://dhss.delaware.gov/dhss/dph/hsp/dwsrf.html" target="_blank" rel="noreferrer noopener">Safe Drinking Water State Revolving Fund</a>.</p> <hr class="wp-block-separator has-alpha-channel-opacity is-style-wide clf"/> <h3 class="wp-block-heading">Clean Water Initiative for Underserved Communities</h3> <p>Governor Carney has <a href="https://news.delaware.gov/2021/07/22/governor-carney-signs-clean-water-for-delaware-act/">signed the Clean Water for Delaware Act</a>, which creates a new Clean Water Trust to provide funding to protect public health with clean public drinking water in addition to upgraded wastewater treatment opportunities. The Department of Natural Resources and Environmental Control has created a <a href="https://dnrec.delaware.gov/environmental-finance/clean-water-initiative/">Clean Water Initiative</a> to work with the state’s low-income, underserved communities to put the Clean Water Trust to work.</p> <hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/> <h3 class="wp-block-heading">Assistance For Local Governments</h3> <div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <h4 class="wp-block-heading">Loans</h4> <p><a href="https://dnrec.delaware.gov/environmental-finance/wastewater-treatment/">Publicly Owned Wastewater Treatment Project Loans</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/water-quality-improvement/">Water Quality Improvement Loan Program</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/stormwater-infrastructure/">Stormwater Infrastructure Loans</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/land-conservation/">Land Conservation Loan Program</a></p> <h4 class="wp-block-heading">Advanced Planning</h4> <p><a href="https://dnrec.delaware.gov/environmental-finance/planning-advances/">Project Planning Advances</a></p> </div> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <h4 class="wp-block-heading">Grants</h4> <p><a href="https://dnrec.delaware.gov/environmental-finance/community-water-quality-improvement/">Community Water Quality Improvement Grants</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/surface-water-planning-grants/">Surface Water Matching Planning Grants</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/wastewater-planning-grants/">Wastewater Matching Planning Grants</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/asset-management/">Asset Management Incentive Program</a></p> </div> </div> <div class="wp-block-columns is-layout-flex wp-container-core-columns-is-layout-2 wp-block-columns-is-layout-flex"> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <h3 class="wp-block-heading">Grants for Property Owners</h3> <p><a href="https://dnrec.delaware.gov/environmental-finance/septic-rehabilitation/">Septic Rehabilitation Grant Program</a></p> </div> <div class="wp-block-column is-layout-flow wp-block-column-is-layout-flow"> <h3 class="wp-block-heading">Loans for the Private Sector</h3> <p><a href="https://dnrec.delaware.gov/environmental-finance/estuary-programs/">Private Projects that Support Estuary Programs</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/dairy-loans/">Dairy Program</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/poultry-loans/">Poultry Program</a></p> </div> </div> <h3 class="wp-block-heading">Applications, Guidance and Documents</h3> <p><a href="https://dnrec.delaware.gov/environmental-finance/wpcrf-application/">Applications and Guidelines</a></p> <p><a href="https://dnrec.delaware.gov/environmental-finance/revolving-fund/#ppl">Revolving Fund Documents</a></p> <p><a href="https://documents.dnrec.delaware.gov/fab/Documents/WIAC%20Drinking%20Water%20Needs%20Assessment%20Survey-Final%20Report.pdf">Water Infrastructure Advisory Council Drinking Water Needs Assessment Final Report</a></p> <p><a href="https://documents.dnrec.delaware.gov/Environmental-Finance/SRF/CWSRF-DWSRF-Workshop-January-17-2024.pdf">CWSRF and DWSRF Borrower Workshop Presentation</a></p> <p><a class="" href="https://dnrec.delaware.gov/environmental-finance/?preview_id=6458&preview_nonce=0170811d89&preview=true#custom-modal-0">Delaware Statewide Wastewater Needs Assessment</a></p> <div style="height:33px" aria-hidden="true" class="wp-block-spacer"></div> <p><small><span class="label label-success">Related Topics:</span>  <a href="https://dnrec.delaware.gov/tag/clean-water/" rel="tag">clean water</a>, <a href="https://dnrec.delaware.gov/tag/finance/" rel="tag">finance</a>, <a href="https://dnrec.delaware.gov/tag/grants/" rel="tag">grants</a>, <a href="https://dnrec.delaware.gov/tag/infrastructure/" rel="tag">infrastructure</a>, <a href="https://dnrec.delaware.gov/tag/loans/" rel="tag">loans</a></small></p> <br /> </div> <br /> </div> </div> </div>  <div id="agencyFooter"> <div class="container"> <span class="hidden-sm"><br /></span> <div class="row"> <div class="col-sm-3"> <a href="/"><img src="https://dnrec.delaware.gov/wp-content/themes/dosgic_DNREC_T_theme/img/dnrec-logo.png" alt="Delaware Natural Resources and Environmental Control" class="agencyFooter_logo center-block" /></a><br /> </div> <div class="col-sm-3"> <div class="menu-dnrec-top-footer-left-column-container"><ul id="menu-dnrec-top-footer-left-column" class="menu"><li id="menu-item-7031" 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Both DNREC and DHSS have approved an interest rate policy change, affective Sept. 1, 2024, to reduce the interest rate from 2% to being interest-free (0% interest) during the disbursement period of the loan (“interest during construction”).</p> <p>Once the project is fully disbursed and amortization begins, the interest rate will revert to the original terms. This policy will be in effect until the receipt by Delaware of the last Bipartisan Infrastructure Law (BIL) federal capitalization grants, or until the programs decide it necessary to change. Interest rate policy and effects on cash flow for both programs will be monitored during the period of BIL capitalization grants. Any significant financial impacts will be reported, and the policy will be revised as necessary.</p> </div><div class="modal-footer"> <a href="#" class="btn btn-primary" data-dismiss="modal" >Dismiss</a> </div> </div>  </div>  </div>  <script> new UISearch( document.getElementById( 'sb-search' ) ); </script> <script> new UISearch( document.getElementById( 'sb-search-main' ) ); </script> </body> </html>