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Iowa Finance Authority and Iowa Department of Natural Resources Announce $64 Million in Water Quality Loans to 17 Communities

State Revolving Fund to Assist Communities with Water Quality Projects


January 24, 2019

Des Moines – The Iowa Finance Authority and the Iowa Department of Natural Resources recently announced that 17 Iowa communities have received low-interest water quality loans totaling more than $64 million through the State Revolving Fund.

State Revolving Fund Construction Loans are a low-cost construction financing option available for Iowa cities and municipalities for water quality initiatives. Planning & Design Loans are zero percent loans that assist with the first-phase of project expenses.

“The City of Mount Ayr will use the $4.1 million construction loan to replace all non-PVC...

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