Summary
DESCRIPTION:THIS AGREEMENT FUNDS A CAPITALIZATION GRANT FOR THE RECIPIENT'S CLEAN WATER STATE REVOLVING FUND PROGRAM. ACTIVITIES:THE RECIPIENTS OF THESE FUNDS PROVIDE LOW INTEREST FINANCING TO NUMEROUS SUBRECIPIENTS. SUBRECIPIENT:THE CLEAN WATER SRF PROGRAM IS EXEMPT FROM 2 CFR 200.332 SUBRECIPIENT MANAGEMENT REQUIREMENTS FOR SUB-AWARDS AS PROVIDED IN 2 CFR 1500. THE PROGRAM PROVIDES ASSISTANCE IN THE FORM OF LOANS.OUTCOMES:ANTICIPATED DELIVERABLES INCLUDE FINANCING PLANNING, DESIGN, AND CONSTRUCTION OF ELIGIBLE WATER QUALITY IMPROVEMENT AND PROTECTION PROJECTS. THE EXPECTED OUTCOMES ARE TO IMPROVE AND PROTECT WATER QUALITY AND PUBLIC HEALTH. THE INTENDED BENEFICIARIES INCLUDE CITIZENS THROUGHOUT THE STATE.