State revolving fund loan information

We offer loans with very low-interest rates so that they are affordable to pay back. These loans come from the State Revolving Fund program.  

The State Revolving Fund finances the design and construction of Colorado water, wastewater, and stormwater infrastructure. We administer the fund along with the Department of Local Affairs, and the Colorado Water Resources & Power Development Authority. We manage environmental reviews, engineering design approvals, and conduct overall project management. The power authority manages the finances and loan approvals. Local affairs staff members work with applicants on credit reviews and reports.

Apply for eligibility

1. Eligibility survey

State Revolving Fund annual eligibility survey

• The 2024 eligibility survey is closed.

The eligibility survey is used to identify the 20-year capital improvement needs of all publicly owned water and sewer systems, private nonprofit water systems, publicly owned stormwater systems, and non-point source projects throughout Colorado.

We issue the annual eligibility survey process through an online platform, the Colorado Environmental Online Services (CEOS). Eligible entities on this system receive a notification to fill out the survey. You cannot receive this funding unless you participate in the eligibility survey.

• This survey is the first step in the State Revolving Fund application process.
• The survey is not an application, and completing it does not require that you apply for financial assistance.
• When the survey is complete, your system’s infrastructure needs will be identified and included in Appendix A Project Eligibility List of the below Intended Use Plans. The plans are updated annually and are effective from January through December. Entities seeking funding for their water and sewer projects must be included on the applicable list prior to applying for funding.

Eligibility criteria and survey instructions                                         

Submitting forms

All forms are processed using Colorado Environmental Online Services (CEOS). New users will first need to create their CEOS user account before accessing the survey. If you are new to CEOS, please review the below instructions for helpful tips on account setup.

• Create your CEOS user account.
• Responsible Officials (RO): managing consultants and preparers.

After submitting your forms, check for confirmation that the form was received using the spreadsheet link below.

• Submittal confirmation report.

2. Intended use plans

Intended use plan (often referred to as the IUP), outlines a framework on how to use the funds, finance water quality infrastructure projects, and support related program activities during the calendar year. The IUP summarizes the results of the eligibility survey.

2025 Intended use plans (IUP)

• 2025 Drinking Water Intended Use Plan
• 2025 Water Pollution Control Intended Use Plan

2024 Intended use plans (IUP)

• 2024 Drinking Water Intended Use Plan
  • Appendix A - 2024 DWRF Project Eligibility List
  • Appendix B - 2024 Base and BIL Supplemental Project Priority Fundable List
  • Appendix B.1 - 2024 DWRF BIL Lead Service Line Project Priority Fundable List
  • Appendix B.2 - 2024 DWRF BIL Emerging Contaminants Project Priority Fundable List
• 2024 Water Pollution Control Intended Use Plan
  • Appendix A - 2024 WPCRF Project Eligibility List 
  • Appendix B - 2024 WPCRF Base and BIL Supplemental Project Priority Fundable List 
  • Appendix B.1 - 2024 WPCRF BIL Emerging Contaminants Project Priority Fundable List 

Apply for loan

1. Prequalification meeting

The pre-qualification form is the first step in actively applying for a State Revolving Fund (SRF) Loan.

After submitting the short pre-qualification form, project managers will schedule a pre-qualification meeting with applicants to discuss the next steps in the SRF loan process. If eligible, grants for planning, design, and engineering will also be discussed at this meeting.

• Architectural and engineering procurement fact sheet.
• Architectural and engineering procurement certification form.

 

Has your system completed the annual eligibility survey? 

If not, please complete the survey in June each year. We recommend all systems complete the eligibility survey to prepare for any potential federal stimulus funding made available through the SRF programs. Only systems included on the eligibility lists will be eligible to receive stimulus funding through the SRF, therefore, it is particularly important to complete the surveys this year through CEOS. 

• CEOS eligibility and guidance.

Submit all applications and forms using Colorado Environmental Online Services (CEOS)

 

2. Project needs assessment/environmental determination

After the three agencies that administer the state revolving fund program review the application, the owner completes and submits the project needs assessment and environmental checklist electronically to their assigned division project manager. Supporting documentation is required and should be attached to the PNA along with the environmental checklist submission.

 

Technical, managerial and financial assessment (drinking water projects only)

• Drinking Water Projects Technical, Managerial and Financial Capacity - User Guide.

 

State environmental review process

• Environmental determination checklist.
• Environmental assessment template and agency contact list.
• Environmental assessment memorandum.

 

Public meeting

The public meeting must be properly noticed at least 30 days before in the legal section of the local publication.

• Public meeting guidance and template. 

 

Submit all applications and forms using: Colorado Environmental Online Services (CEOS)

 

3. Plans and specifications

Bid specifications

Owners must submit all bidding and contract documents prior to bid advertisement. Bidding and contract documents must include the SRF required specifications. A copy of the SRF Required Specifications must be requested from the GLU Project Manager. The Project managers must review and verify that required current bid specifications are included prior to any bidding and contract execution.

• Navigating SRF requirements for borrowers.
• The Engineering Section will review each facility in accordance with the design criteria.

 

Cost and effectiveness evaluation

• Cost and effectiveness guidance.
• Cost and effectiveness certification.

 

Bid Specification forms

• AIS Certification.
• AIS Product spreadsheet.
• Davis Bacon certification form.
• US DOL SF 308 - request for wage determination and response to request.
• US DOL SF 1444 - request for authorization of additional class and rate.
• US DOL SF 1445 - labor standards interview.
• US DOL WH 347 - certified payroll.
• DBE Form B (due quarterly).
• EPA 6100-2 DBE subcontractor participation form.
• EPA 6100-3 DBE subcontractor performance form.
• EPA 6100-4 DBE subcontractor utilization form.

 

Self-certification

Owners choosing to self-certify will submit a form with a letter of intent to the division engineer and project manager.

• SRF Drinking water self-certification form.
• SRF Wastewater self-certification form.
• Drinking water construction completion form.
• Wastewater construction completion form.

 

Build America, Buy America 

The Build America, Buy America requirement is new for the SRF and expands upon the existing American Iron & Steel requirements. All new projects are required to meet this new requirement.

• Build America, Buy America Overview
• American Iron and Steel (Old guidance. Ask your GLU Project Manager if this applies to your project)
• American Iron and Steel Requirement guidance (March 20, 2014).
• Guidance with questions and answers for the American Iron and Steel Act.

 

4. Loan application

Application deadlines are: Jan. 5, Feb 5, April 5, June 5, Aug. 5, Oct 5 and Nov. 5.

CDPHE will accept applications once the required steps are completed:

• Pre-qualification form and completed meeting with SRF Agencies.
• Pre-qualification review letter with approval.
• Project Needs Assessment Approval 
• Environmental Review with approval by GLU to move forward with the application.
• Public meeting.
• Plans and specification submission.

 
Submit all applications and forms using: Colorado Environmental Online Services (CEOS)

 

5. Loan recipients

Once the loan is executed and construction is going to begin, invite your project manager to the pre-construction meeting to answer any questions about the SRF requirements. Loan reimbursements are requested through CEOS. 

 
Bid solicitation and contract review

• Guidance for facilitating pre-construction meeting.

 

Fiscal sustainability plan

• Sustainability plan guidance.
• Sustainability plan certification.

 

Final inspection and project closeout

• Project close-out checklist.

 

Environmental reviews

State environmental review process

• Environmental checklist.
• Environmental assessment template and agency contact list.
• Environmental assessment memorandum.
• Categorical exclusions.
• Findings of No Significant Impact. 

State Revolving Fund Grants

The State Revolving Fund (SRF) has two grants to help disadvantaged communities in funding their wastewater, stormwater, and drinking water projects. These are applied to communities and districts that intend to obtain an SRF subsidized loan.

• Defining disadvantaged communities.
• Colorado SRF disadvantaged communities data glossary.

These grants provide money to small communities to help cover costs associated with preparing the SRF project needs assessment. Grants require a 20 percent match from the applicant. Planning grant applicants must complete the pre-qualification form and attend a meeting.

State revolving fund planning grant

Background

Planning grants can assist with costs up to $10,000 associated with the project needs assessment and/or environmental assessment development. This grant is specifically to help with the applications for the SRF loans.

Eligibility

• The project is on the current year's project eligibility list, or is being added to the subsequent year’s project eligibility list.
• The population is 10,000 or less.
• Entities meet one of the three data scenarios that test primary factors and, if necessary, secondary factors for determining disadvantaged communities. Factors are found in the Defining Disadvantaged Communities document.

Forms

Funds requested to form a special district should be included in the pre-qualification form.

State revolving fund design and engineering grant

Background

Design and engineering grant applicants will be considered with project needs assessment submissions and awarded to disadvantaged communities.

Design and engineering grant amounts depend on the size and need of a project. The grants assist with costs associated with eligible design expenditures. Up to 80 percent of the grant can be reimbursed before receiving the SRF loan application. The final 20 percent will be reimbursed upon SRF loan execution.

Eligibility

• Applicant must be a government entity.
• The project is on the current year's project eligibility list.
• The population is 10,000 or less.
• Entities meet one of the three data scenarios that test primary factors, and if necessary secondary factors for determining disadvantaged communities. Factors are found in the defining disadvantaged communities document.

Forms

Funds requested to form a special district should be included in the pre-qualification form.

SRF Loan Details

Base SRF Program
Program	Eligible Entity	Category	Direct Loan Rates (Loans <$3M)	Leveraged Loan Rates (Loans >$3M)	Loan Limit/Caps	Principal Forgiveness Caps	Planning Grant	D&E Grant	Notes
DWRF	Local Gov, PNP	Non-DAC	3.25% for 20 year 3.5% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	N/A	No	No
DWRF	Local Gov, PNP	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	Up to $1M in PF based on priority point scoring (Local Gov only)	Up to $10,000	No D&E available at this time	Private Not for Profit entities are eligible for a planning grant and reduced interest rate on a loan if deemed a DAC, but are not eligible for D&E grants, or principal forgiveness on loans
DWRF	Local Gov, PNP	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	Up to $1M in PF based on priority point scoring (Local Gov only)	Up to $10,000	No D&E available at this time	Private Not for Profit entities are eligible for a planning grant and reduced interest rate on a loan if deemed a DAC, but are not eligible for D&E grants, or principal forgiveness on loans
WPCRF	Local Gov.	Non-DAC	3.25% for 20 year 3.5% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total funding per entity (including PF)	No PF available at this time	No	No	Private Not for Profit entities are not eligible for funding in the WPCRF program
WPCRF	Local Gov.	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total funding per entity (including PF)	No PF available at this time	Up to $10,000	Up to $300,000	Private Not for Profit entities are not eligible for funding in the WPCRF program
WPCRF	Local Gov.	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total funding per entity (including PF)	No PF available at this time	Up to $10,000	Up to $300,000	Private Not for Profit entities are not eligible for funding in the WPCRF program
WPCRF	Local Gov.	Green Project Reserve (GPR)	2.5% for 20 yr or 2.75 for 30 yr for 15% energy reduction of business case 1.5% for 20 yr or 1.75% for 30 yr for 20% energy reduction of business case	GPR loans not leveraged since loan must be $3M or less	Up to $3M per project	No PF available at this time	Yes, If entity is a DAC, up to $10,000	Yes, If entity is a DAC, up to $300,000	Entities must submit a GPR business case for review and approval to receive a GPR loan. Loans greater than $3M will be split between a $3M GPR loan and a prevailing SRF loan

 

 

BIL SRF Program
Program	Eligible Entity	Category	Direct Loan Rates (Loans <$3M)	Leveraged Loan Rates (Loans >$3M)	Loan Limit/Caps	Principal Forgiveness	Planning Grant	D&E Grant	Notes
DWRF Supplemental	Local Gov	Non-DAC	3.25% for 20 year 3.5% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	~50% PF of loan; Up to $1.5M in PF per project	No	No	Entity may only receive funding source one (1) time
DWRF Supplemental	Local Gov	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	~50% PF of loan; Up to $3M in PF per project	Through Base Program	Through Base Program
DWRF Supplemental	Local Gov	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total funding per entity (including PF)	~50% PF of loan; Up to $3M in PF per project	Through Base Program	Through Base Program
DWRF Lead Service Line Replacement	Local Gov	Non-DAC-BIL Eligible	3.25% for 20 year 3.5% 30 year	LSL Funds are not leveraged	$30M total loan funding per entity	~50% PF of loan; Up to $10M in PF per project per year	No	No	Entity may only receive funding source one (1) time
DWRF Lead Service Line Replacement	Local Gov	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	LSL Funds are not leveraged	$30M total loan funding per entity	~50% PF of loan; Up to $10M in PF per project per year	Through Base Program	Through Base Program	LSL grant funds do NOT count against the $30M loan limit if it is included in the same project
DWRF Lead Service Line Replacement	Local Gov	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	LSL Funds are not leveraged	$30M total loan funding per entity	~50% PF of loan; Up to $10M in PF per project per year	Through Base Program	Through Base Program	LSL grant funds do NOT count against the $30M loan limit if it is included in the same project
DWRF Emerging Contaminants	Local Gov	Non-DAC	3.25% for 20 year 3.5% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total loan funding per entity	100% PF loan; Up to $30M in PF per project per year	No	No	Entity may only receive funding source one (1) time
DWRF Emerging Contaminants	Local Gov	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total loan funding per entity	100% PF loan; Up to $30M in PF per project per year	Through Base Program	Through Base Program	25% of EC funding is reserved for entities that are DAC or <25,000 pop, 75% can go any local gov with eligible project EC tranche of funds do NOT count against the $30M loan limit if it is included in the same project
DWRF Emerging Contaminants	Local Gov	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$30M total loan funding per entity	100% PF loan; Up to $30M in PF per project per year	Through Base Program	Through Base Program	25% of EC funding is reserved for entities that are DAC or <25,000 pop, 75% can go any local gov with eligible project EC tranche of funds do not count against the $30M loan limit if it is included in the same project
WPCRF Supplemental	Local Gov	DAC Cat 1	2.5% for 20 year 2.75% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total funding per entity (including PF)	~50% PF of loan: Up to $1M in PF per project	Through Base Program	Through Base Program	Private Not for Profit entities are not eligible for funding in the WPCRF program
WPCRF Supplemental	Local Gov	DAC Cat 2	1.5% for 20 year 1.75% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total funding per entity (including PF)	~50% PF of loan: Up to $1M in PF per project	Through Base Program	Through Base Program	Private Not for Profit entities are not eligible for funding in the WPCRF program
WPCRF Emerging Contaminants	Local Gov	Non-DAC	3.25% for 20 year 3.5% 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total loan funding per entity	Currently no limit	No	No	WPCRF Emerging Contaminants funding is available to Non-DAC's, but DAC's are prioritized
WPCRF Emerging Contaminants	Local Gov	DAC Cat 1	2.5% for 20 year 2.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total loan funding per entity	Currently no limit	Through Base Program	Through Base Program	EC tranche of funds does NOT count against the $18M funding limit if it is included in the same project
WPCRF Emerging Contaminants	Local Gov	DAC Cat 2	1.5% for 20 year 1.75% for 30 year	Subsidized at 70-85% of Authority's AAA bond market rate	$18M in total loan funding per entity	Currently no limit	Through Base Program	Through Base Program	EC tranche of funds does NOT count against the $18M funding limit if it is included in the same project