The financing your
when you need it
Illinois Clean Water Initiative Funding to be Doubled, Stormwater Projects to be Added
In his State of the State address on January 29, 2014, Governor Pat Quinn announced that the available funding from the Illinois Clean Water Initiative (ICWI) will be doubled to $2 billion and stormwater management infrastructure projects will also be eligible for low-interest loans as well as drinking water and wastewater treatment plants and distribution and collection systems.
First announced in Gov. Quinn's 2012 State of the State address, ICWI was launched in the fall of 2012 and has created several thousand jobs in communities across Illinois. The additional funding will come from repayments of existing loans that support the sale of "AAA" rated bonds and require no additional state funds. At the same time they are saving substantial interest costs for local governments that vitally need to modernize aging drinking water, sewer systems and now stormwater projects needed in response to more frequent intense storms and associated polluted runoff.
No annual deadlines, rolling application process
More financing available to local governments
Your community can’t wait for the dollars you need to update aging water infrastructure.
The Governor’s Clean Water Initiative means all Illinois communities have access to the
resources they need to make sure residents have clean, safe drinking water.
The Clean Water Initiative:
- Offers attractive financing terms
- Creates jobs
- Allows local governments to access low-interest loans for a variety of wastewater and
drinking water projects
Give your community the assurance of a clean, reliable water supply. Financing is
available for projects including:
- Modernizing wastewater treatment plants to meet water quality standards
- Replacing aging water mains and sewers
- Updating drinking water treatment facilities
Good for your community, good for Illinois
The Illinois Environmental Protection Agency (IEPA), the Illinois Finance Authority (IFA), and the
Department of Commerce and Economic Opportunity (DCEO) are working together to implement the Clean
Water Initiative and build a stronger Illinois:
- Keeping our drinking water safe
- Decreasing energy costs
- Creating green jobs statewide
Ready to get started?
Contact the IEPA: