2016 Annual Report: CWSRF Programs

Read on for the performance results of America's largest public source of water quality funding. From construction grants in the 70's to the 1987 establishment of the CWSRF, see the system of water infrastructure banks for eligible projects. The majority of CWSRF money goes towards traditional wastewater treatment projects, mostly publicly-owned treatment works. This is a testament to the success of federal state cooperation for the nation's environmental interests. This year (2016) the programs had a great year, extending 1,362 loans, providing $7.6 billion aid to eligible borrowers -the second largest amount in history. Low interest rates this year saved billlions; when market rate was 6%, CWSRF offered a 3% loan over 20 years. Additionally, funds have been dispersed timely and efficiently. Commitment and dispersion rates have increased, leading to cost savings. Health for communities and job creation are positive consequences of the fund's growth. The fund's total equity totaled $48.2 billion, a 3.9% increase from 2015. Leveraged bond proceeds were threefold from 2015, interest earnings over $1.2 billion.