The Iowa Finance Authority and the Iowa Department of Natural Resources have announced that 22 Iowa communities will benefit from a combined total of more than $34.7 million in low-cost water quality loans through the State Revolving Fund. State Revolving Fund Construction Loans are a low-cost construction financing option available for Iowa cities and municipalities for water quality initiatives. Planning & Design Loans are zero percent loans that assist with the first-phase of project expenses.

In Cass County, the City of Anita will receive slightly more than One-million dollars for a water quality improvement project designed to correct inflow and infiltration problems, and  Anita Municipal Utilities $102-thousand for the Planning and Design Phase. The City of Massena will receive $445,500 for infiltration and inflow corrections. In Ringgold County, Mt. Ayr will receive $378,000 for a drinking water connection project. Elsewhere…The City of Shenandoah is receiving just over $14-million for a new treatment plant and water main project, and the City of Hancock, $98,910 for planning and design.

The State Revolving Fund has awarded Iowa communities and municipalities more than $2.1 billion in Construction Loans and $125 million through Planning & Design Loans since program inception. The loans are made available as part of the State Revolving Fund.