For a Capitalization Grant Which Provides Funds for the Recipient's Clean Water State Revolving Fund (Cwsrf)…
Description
Description:the Purpose of This Agreement Is for a Capitalization Grant Which Provides Funds for the Recipient's Clean Water State Revolving Fund (Cwsrf) Program. The Activities Are to Provide Low Interest Financing to Numerous Subrecipients for Costs Associated with the Planning, Design, and Construction of Their Eligible Water Quality Improvement and Protection Projects. The Expected Outcomes Are to Establish and Manage an Effective Comprehensive Cwsrf Program and to Maintain a Self-Sustaining Revolving Fund to Improve and Protect Water Quality and Public Health for Citizens Throughout the State. Activities:the State Will Take the Grant Money and Loan IT Out to Communities to Fund Wastewater Infrastructure Projects.subrecipient:no Subawards Are Included in This Assistance Agreement.outcomes:the State Will Make Several Loans from Its Fundable Range That Will Address Wastewater Problems in Michigan Communities. The Latter Will Be the Beneficiaries of This Work.