The State Revolving Funds are federally capitalized loan programs for water and waste water infrastructure projects. The programs offer low-interest financing for waste water treatment and collection, drinking water supply and distribution, water quality, and storm water infrastructure. It is jointly administered by the SC Department of Health and Environmental Control and the SC Rural Infrastructure Authority.
In the past 27 years, more than $1.2 billion in SRF loans have been closed, ranging in size from less than $500,000 to $35 million for clean water (sewer) and drinking water projects.