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NEW MEXICO CLEAN WATER STATE REVOLVING FUND
(CWSRF)

 
ATTENTION

The New Mexico Environment Department is now soliciting applications for eligible projects under the Clean Water State Revolving Loan Fund.

NMED’s Construction Programs Bureau (CPB) requests all applications be submitted by close of business April 27, 2012. Applications are encouraged from all Municipalities, Counties, Water and Sanitation Districts, Indian Tribes and interested parties.

Please read the invitation letter below for instructions on applying for the Clean Water State Revolving Loan Fund 2013 Integrated Projects Priority List.  Please note that there are two required forms for this years submission.  A Project Interest Form (PIF), located through our Water Infrastructure Portal, and a 2013 Priority List Attachment Form (PLAF). 

 
 
 
Green Project Reserve

The New Mexico CWSRF Program encourages communities to apply green technology wherever possible. Congress’ intent in enacting the green project requirements is to direct investment practices in the water sector to guide funding toward projects that utilize green or soft-path practices to complement and augment hard or gray infrastructure, adopt practices that reduce the environmental footprint of wastewater treatment, collection, and distribution, help utilities adapt to climate change, enhance water and energy conservation, adopt more sustainable solutions to wet weather flows, and promote innovative approaches to water management problems. Over time, these green projects could enable utilities to take savings derived from reducing water losses and energy consumption, and use them for public health and environmental enhancement projects. Additionally, the EPA expects that green projects will help the water sector improve the quality of water services without putting additional strain on the energy grid, and by reducing the volume of water lost every year.  The following is EPA’s full green project reserve requirements, including examples:

   
   
 
FY2011 Capitalization Grant

 

CWSRF Program Details
HISTORY

Through the Clean Water State Revolving Fund (CWSRF) Program, NMED maintains a revolving loan fund to provide a source of low-cost financing for a wide range of wastewater or storm water drainage projects that protect surface and ground water. Funds may also be used for projects that control nonpoint source water pollution, such as a solid waste and septic tank installations.

The CWSRF program was established in 1986 pursuant to the Wastewater Facility Construction Loan Act and the Federal Clean Water Act and provides very attractive low-interest loans that spread project costs over a repayment period of up to twenty years. Repayments are cycled back into the fund and used to pay for additional clean water projects. Click to view the NMAC regulations that govern the CWSRF:

  • NMAC 20.7.5
    Wastewater Facility Construction Loans
  • NMAC 20.7.6
    Wastewater Facility Construction Loan Policies and Guidelines
  • NMAC 20.7.7
    Review Procedures for Wastewater Construction Loans
TYPE OF FUNDS
The funds available for wastewater loans are from federal capitalization grants, state matching funds, principal and interest payments, interest accrued on construction loans and investment earnings. These funds are available for up to 100% of eligible costs.
LOAN INTEREST
The base interest rate is 3%, with a repayment schedule of up to 20 years. Reduced interest rates of 2%, 1% and 0% are available for low income communities
ELIGIBLE ENTITIES
Municipalities, Counties, Water and Sanitation Districts, and Indian Tribes are all encouraged to apply for this financial assistance.
LOANS TO DATE

CPB is currently performing oversight of six CWSRF construction projects with an outstanding aggregate loan and grant balance of $35,097,308.23 and three ARRA construction projects with an outstanding aggregate loan and grant balance of $281,102.92.  There are also 46 loans in repayment that are currently being serviced with an outstanding principal balance of $153,478,080.51.

FUNDING CYCLE
The Construction Programs Bureau (CPB) currently has 150 applications totaling $628 million on the 2012 Clean Water State Revolving Fund (CWSRF) Integrated Projects Priority List. Click here to view the FY 2012 Intended Use Plan (IUP).  CPB is currently requesting applications from municipalities, counties, water and sanitation districts, Native American pueblos, tribes and nations, and interested parties who are eligible for placement on the 2013 CWSRF Integrated Projects Priority List. 
CWSRF BASICS
Placement on the Integrated Projects Priority List is the first step in obtaining a low interest loan for a wastewater project.  Funds from the CWSRF can be used by public entities for planning, design and construction of wastewater collection and treatment facilities and for non-point source water pollution control projects.  CWSRF loans are offered at below market rates, ranging from 0% to 3% depending on census and economic criteria.  A request for placement in the priority list does not obligate a community to proceed with the project but it must be on the list to be considered for funding. 
 
Downloadable CWSRF Forms:

Priority List Attachment Form (PLAF) (PDF)  
Priority List Attachment Form (PLAF) (Excel)   

Priority Rating System

CWSRF ARRA Project Funding Background (for Priority List)

 
DISBURSEMENT REQUESTS

Disbursement Request - Form submitted to CPB by community for reimbursement of eligible project costs incurred.

Disbursement Request Instructions - Line by line instructions for completing a disbursement request form.

Sample Disbursement Request - A completed sample disbursement request.

Substitute W-9 Taxpayer Identification Number Verification (TIN) - Form required by the Department of Finance and Administration (DFA) to obtain vendor information and ensure that the vendor is on its list of eligible vendors. Please call 505.827.2806 to obtain a copy.

If you have any questions or would like an application, please send e-mail to Jennifer Prada at jennifer.prada@state.nm.us or call  (505)827-2807.
 

STIMULUS UPDATE          

REVISED ARRA SUPPLEMENTAL INTENDED USE PLAN AND REVISED ARRA CWSRF INTEGRATED PROJECTS PRIORITY LIST OF ELIGIBLE PROJECTS
The Construction Programs Bureau (CPB) has received one-time funding of $23,019,536 in American Reinvestment and Recovery Act (ARRA) stimulus funds for subsidization of eligible projects in the form of loan/grant combinations. CPB has committed funding to 17 Clean Water State Revolving Fund (CWSRF) projects around New Mexico. These projects are listed in Part A of the Revised ARRA CWSRF Integrated Projects Priority List of Eligible Projects. The ARRA includes transparency and accountability standards. The State of New Mexico's Certification pursuant to this requirement is posted here.

The ARRA Supplemental Intended Use Plan (IUP) and Project Funding Background describe the factors that were applied to select the projects that will receive the ARRA subsidized funding. Public comments were received on the IUP from December 28th, 2009 to January 7th, 2010.

 

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