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Area Communities Awarded SRF Loans To Assist With Water Quality Projects

November 22, 2014


(Des Moines)—Several area communities have been awarded low interest loans from the state to assist with clean water projects.

The funding is being made available through a revolving loan fund that’s jointly administered by the Iowa Finance Authority and the Iowa Department of Natural Resources.

Locally, the city of Everly was awarded a $92,500 loan; Rolfe $393,000; Swea City $525,000 and Terril $600,000.

The funding will assist the cities in designing and constructing sanitary sewer projects.

A total of more than 92 million dollars was awarded statewide through the program, benefiting 27 projects in 18 counties.