The State Revolving Fund (SRF) program provides low-interest rate loans for building or repairing wastewater and drinking water plants, collection and distribution systems, and stormwater quality improvement projects. The program is run by the SC Department of Environmental Services (SCDES) and the SC Rural Infrastructure Authority (RIA), Office of Local Government (OLG).

Who Can Apply?

Municipalities, counties, and special purpose districts can apply for an SRF loan.

What Funding is Available?

The money available for SRF loans depends on repayments from current loans and the yearly capitalization grant that comes from the EPA. Information on current SC SRF interest rates and loan policies can be found on the SC Rural Infrastructure Authority website.

If a project includes a qualified water or energy reduction component, low-impact development, or other environmentally innovative "green" practices, an incentive loan rate may apply.

The following drinking water and clean water projects are funded by the SRF Program:

• Drinking Water Projects
  • Upgrade of a Surface Water Treatment Plant
  • Looping of Distribution Lines
  • Interconnecting Systems
  • Addition of New Wells
  • Adding Treatment or Storage Components
  • Water Meter Replacement
  • Relocation of Waterlines due to Road Widening Projects
  • Lead Service Line Replacements
  • Projects to Address Emerging Contaminants
• Clean Water Projects
  • Upgrade and Expansion of a Wastewater Treatment Plant
  • Sewer Line Rehab and Replacement
  • New Pump Stations and Force Mains
  • Collection Systems for Areas on Septic Tanks
  • New Interceptor
  • Non-point Source Projects
  • Relocation of Wastewater Lines due to Road Widening Projects
  • Projects to Address Emerging Contaminants

Contact us to find out if your project qualifies for SRF funding.

Financing Alternatives Comparison Tool (FACT)

FACT is an EPA financial analysis tool that compares the costs of different financing options for water infrastructure projects. FACT can help borrowers compare their financing options.

SRF Forms