Drinking Water Grant and Loan Program California饮用水补助和贷款计划加利福尼亚.pptxVIP

Dat Tran, P.E., Chief Drinking Water Technical Assistance Program PROPOSITION 1 Drinking Water Grant and Loan Program 1 Meeting Purpose Obtain public input on Drinking Water Program Provide information on Program 2 of 17 Topics of Discussion Application Process Eligible Projects Eligible Applicants Funding Limits – Set by Chapter 5 Proposed Grant Allocation Loans Prioritization of Projects Next Steps 3 of 17 Application Process DWSRF Application Applications submitted via Financial Assistance Application and Submittal Tool (FAAST) All DWSRF requirements apply 4 of 17 Eligible Projects Public water system infrastructure improvements and related actions to meet safe drinking water standards Planning Projects 5 of 17 Eligible Applicants Public Agencies Non-profit organizations Public utilities Federally recognized Indian tribes State Indian tribes Mutual water companies 6 of 17 Funding Limits $260 million allocated for Program Up to $5 million grant per project Up to $20 million grant per project that provides regional benefits, at least one shall be small disadvantaged community 7 of 17 Grant Allocation Grant amounts based on Table 1 (See next slide) 100% Grant for SDAC, schools, and economically distressed areas $25,000 per service connection maximum or Board Approval 50,000 per service connection maximum for regional projects 8 of 17  9 of 17 Table 1 – Proposed Local Cost Share Requirements Loans Extremely low interest loans available Interest rate at ? GO Bond Rate (2015 Interest rate is 1.663%) Maximum 30 year term 10 of 17 Prioritization of Projects Small Community Water System in DAC Shared solutions for multiple communities DWSRF Categories Readiness to proceed 11 of 17 Example ABC Water Company’s service area has 150 service connections, a MHI of $48,000 and water rates of $81 per month. The proposed project cost is $6 million. How much grant are they eligible for