NH Clean Water State Revolving Fund Grant

The NH Clean Water State Revolving Fund offers low-cost financial assistance for projects aimed at enhancing public health and water quality. It supports local communities with funding for wastewater infrastructure and pollution control initiatives. Benefits include below-market loan rates, potential loan forgiveness, and project support throughout planning and construction phases. Annual loan pre-applications are encouraged for various water management projects, ensuring a collaborative approach to environmental stewardship in New Hampshire.

Low-cost financial assistance for planning, design and construction projects to protect public health and improve and protect water quality.
The Clean Water State Revolving Fund (CWSRF) provides low-cost financial assistance for planning, design, and construction projects to communities, nonprofits, and other local government entities for both wastewater infrastructure projects (collection systems, pumping stations, and wastewater treatment) and other water pollution control projects (nonpoint source, watershed protection or restoration, and estuary management).
Five reasons to consider a CWSRF loan:

• Below-market loan rates with no closing costs or origination fees, and no prepayment penalties.
• Additional subsidy in the form of loan forgiveness may be available to make projects more affordable and sustainable for New Hampshire communities.
• Disbursement requests can be made as project costs are incurred, and interest on disbursements is 1% until the project reaches substantial completion.

Loan repayments begin up to one year after substantial completion at the lowest available loan rate. Loan recipients receive the lower of either the rate at the time of loan origination or the rate at the time of loan closure.
CWSRF staff assistance is available through every step of your project. This includes project planning and administration, design review, environmental review, and construction and compliance oversight.
How to apply for a CWSRF loan:
Each spring the CWSRF program solicits loan pre-applications for wastewater, stormwater, and nonpoint source projects. Pre-applications are also required for asset management .pdf Icon, energy efficiency, and planning projects .pdf Icon. All pre-applications are ranked and a Project Priority List (PPL) is created, which is included in the Intended Use Plan (IUP). The CWSRF program provides the public an opportunity to review and comment on the IUP every August. Once the IUP is finalized, applicants who have been approved for funding secure the authority to borrow and submit a loan application.