September 18, 2014

EPA - Green Project Reserve

The Green Project Reserve (GPR) requires the Clean Water State Revolving Fund (CWSRF) program in Louisiana to use grant funds for projects that address green infrastructure, water efficiency, energy efficiency, or other environmentally innovative activities. This is a federal program managed in Louisiana by DEQ. Green Projects are those that demonstrate new and/or innovative approaches to managing water resources. These may prevent or remove water pollution using decentralized treatment or alternate power supplies such as solar. Wastewater treatment systems are energy intensive facilities and these facilities have the potential to achieve 15 to 30 percent energy savings annually by using conservation measures. These measures reduce long-term energy costs and greenhouse gas emissions at treatment facilities.

The Clean Water State Revolving Fund Offers:
Low Interest Rates, Flexible Terms—A CWSRF funded project would cost 17 percent less than projects funded at the market rate. CWSRF can fund 100 percent of the project cost and provide flexible repayment terms up to 20 years.

Significant Funding for Nonpoint Source Pollution Control and Estuary Protection—To date, the CWSRF has provided nearly $4.2 billion nationally in funding for nonpoint source projects and estuary management projects.

Assistance to a Variety of Borrowers—The CWSRF program has assisted a range of borrowers including municipalities, communities of all sizes, farmers, homeowners, small businesses, and nonprofit organizations.

If you are interested in this program, contact MML&H for more information.