PFA - Clean Water Revolving Fund

Purpose
This program enables borrowers to finance wastewater facilities to meet effluent standards mandated under the U.S. Clean Water Act.

Customers and Services
Any city, county, township, sanitary district, or other governmental subdivision having primary responsibility for wastewater treatment is eligible. The Public Facilities Authority (PFA) provides below-market rate loans to borrowers to upgrade and construct wastewater facilities.

Allowable costs include: site preparation, but not land acquisition; construction; engineering; equipment and machinery; bond issuance; and certain fees and contingency costs. Projects must be included on the Minnesota Pollution Control Agency's (MPCA) Project Priority List and the PFA’s Intended Use Plan (IUP); and must be certified by MPCA before the PFA may approve a loan.

Measures - Reporting period is state fiscal year (SFY), July 1 - June 30

More DEED measures: Uniform Program Accountability Measures

Funding Source and Expenditure (in thousands)

Statutory Authority
-- Minn. Stat., Chap. 446A.07

Contact Information
Jeff Freeman, Deputy Director, Public Facilities Authority
Phone: 651.259.7465 or toll-free: 800.657.3858; TTY: 651.296.3900

NOTE: The Public Facilities Authority (PFA) is an independent funding agency housed within DEED.

This information current as of December 2011.