Mississippi CWSRF IUP

The Mississippi commission on environmental quality (CEQ) water pollution control revolving loan fund program (WPCRLF) FY 2020 intended use plan (IUP) is divided into part 1 (standard program details) and part 2 (additional federal requirements for FY2016 and after). The WPCRLF has 7 short term goals. For example “periodically consulting with financial advisors to develop revised operating policies and procedures for the WPCRLF (Fund), with the goal of maximizing investment in project loans and reducing idle cash, while maintaining proper stability and management of all aspects of the Fund”. Long term goals concern maintaining the SRF as a financially sound perpetuity, meeting the wastewater needs of the state, and the determination of an interest rate and loan repayment term which will generate sufficient fund income to meet the State's needs within a reasonable period of time, but which is more attractive than private sector funding.