Asset Management Grant Program Available in MA

Calling All Water Utilities!

The Massachusetts Department of Environmental Protection (MassDEP) and the Massachusetts Clean Water Trust (the Trust) are currently promoting Asset Management Programs (AMPs) by offering subsidized State Revolving Fund (SRF) financing for communities looking to improve one or more of their water-related utilities.

With the help of Asset Management Programs, water, wastewater, and stormwater utilities are poised to make beneficial financial decisions for the future. The goal of AMPs is to achieve long-term sustainability and deliver the required level of service in a cost-efficient manner. Financial decisions surrounding asset repairs, replacements, or rehabilitations, as well as the development and implementation of a long-term funding strategy can only help a utility.

Through the Asset Management Grant Program, MassDEP and the Trust are encouraging water utilities to focus on AMP development, maintenance, or improvements. This program is also aimed at helping communities and their utilities meet the Engineering Plan and Financial Sustainability Plan requirements for SRF construction loans. With that, the program will award grants with a maximum award of $150,000 or 60% of the total eligible project cost (whatever is less).

If awarded a grant, the recipient will be required to supply documentation of a full appropriation of funding mechanisms for the entire cost of the project to qualify. There are no requirements on the size or scope of the project. MassDEP will favor proposals that include a clear description of the applicant’s current asset management status and goals, and those that demonstrate a strong commitment to participate in their AMP.

Apply Today!

Tata & Howard encourages all MA utilities to apply for this special grant funding. Proposals and Project Evaluation Forms are due on August 23, 2019 by 12 pm.

For more detailed information concerning requirements and deadlines, please view the Guidelines for Proposal Submittal and Project Selection provided by MassDEP.

Asset Management

As one of MassDEP’s pre-qualified consulting engineering firms, Tata & Howard provides industry expertise in both Asset Management and funding assistance. For more information on Asset Management or how Tata & Howard can assist with your grant application, visit our website or contact us directly. We are happy to assist.

State Revolving Fund Loan Program

Financial Assistance through the State Revolving Fund

The Massachusetts Department of Environmental Protection (MassDEP), is now accepting Project Evaluation Forms (PEFs) for new drinking water and wastewater projects seeking financial assistance in 2019 through the State Revolving Fund (SRF).  The SRF offers low interest loan options to Massachusetts cities and towns to help fund their drinking water and clean water projects. PEFs are due to the MassDEP Division of Municipal Services by August 24, 2018, 12:00 PM.

Water Main ReplacementFinancing for The Clean Water SRF Program helps municipalities with federal and state compliance water-quality requirements, focusing on stormwater and watershed management priorities, and green infrastructure. The Drinking Water SRF Program, provides low-interest loans to communities to improve their drinking water safety and water supply infrastructure.

This year, the MassDEP Division of Municipal Services (DMS) announced the following priorities for SRF proposals.

  • Water main rehabilitation projects which include full lead service replacement (to the meter) – this is a high priority for eligibly enhanced subsidy under the Drinking Water SRF.
  • Reducing Per- and polyfluoroalkyl (PFAS) contaminants in drinking water.
  • Asset Management Planning to subsidize Clean Water programs.
  • Stormwater Management Planning for MS4 permit compliance and implementation.

In addition, Housing Choice Communities will receive a discount on their SRF interest rate of not less than 1.5%.

Summaries of the Intended Use Plans (IUP), will be published in the fall, which will list the project name, proponents, and costs for the selected projects. After a 30-public hearing and comment period, Congress will decide which programs may receive funding from the finalized IUPs.

To Apply for SRF Financing

Tata & Howard is experienced with the SRF financing process and is available to help municipalities develop Project Evaluation Forms along with supporting documentation, for their local infrastructure needs.

Please contact us for more information.

The MassDEP Division of Municipal Services are accepting Project Evaluation Forms until August 24, 2018 by 12:00 PM.

 

We Can Help

For more information on the MassDEP State Revolving Fund and assistance preparing a PEF contact us.