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Learn about Indiana State Revolving Fund Bonds, including The Team and Projects.
The State Revolving Fund (SRF) Loan Programs provide low-interest loans to Indiana communities for projects that improve wastewater and drinking water infrastructure. The Program's mission is to provide eligible entities with the lowest interest rates possible on the financing of such projects while protecting public health and the environment. SRF also funds non-point source projects that are tied to a wastewater loan.
Who are the loan participants?
Sources of funds for the program?
Types of projects?
Any project where there is an existing pollution abatement need is eligible for SRF funding.
Since Indiana's State Revolving Fund Programs are partially funded by capitalization grants through the U.S. Environmental Protection Agency, the Programs report annually to the U.S. EPA to ensure that funds are being spent in accordance with the goals of the nationwide State Revolving Fund.
The State's SRF Programs are run based on a State Fiscal Year (SFY), which runs from July 1 through June 30. However, the U.S. EPA's reporting is done based on Federal Fiscal year (FFY), which runs from October 1 through September 30.
Due to these reporting requirements the SRF provides several reports to the U.S. EPA on an annual basis.
The Intended Use Plan is submitted each July 1 along with a Capitalization Grant application for the upcoming SFY. This document includes the Project Priority List, which is the list of expected loan closings for the upcoming year SFY. The PPL is also updated each quarter.
An Annual Report is submitted each October for the past FFY.