Official State of Iowa Website Here is how you know

State Revolving Fund Loan Commitments FY2025 - Q2

January 2, 2025

In the second quarter of FY25, the Iowa Finance Authority approved 37 water quality loans to support infrastructure projects totaling more than $244 million. The loans are made possible through the State Revolving Fund, a partnership between the Iowa Finance Authority and the Iowa Department of Natural Resources.

Participant County Program Program Description Loan Amount
Des Moines WRA Polk Clean Water Transmission Improvements $10,000,000
Ida Grove Ida Clean Water Planning & Design $300,000
Cedar Rapids Linn Clean Water WPC Solids Improvements (Contract 2) $93,600,000
Cedar Rapids Linn Clean Water WPC Solids Improvements (Contract 2) $22,100,000
New Hartford Butler Clean Water Treatment Improvements $46,000
Marcus Cherokee Drinking Water Planning & Design $130,000
Minburn Dallas Drinking Water Planning & Design $734,000
Lawler Chickasaw Drinking Water Planning & Design $60,000
Eldridge Scott Drinking Water Planning & Design $150,000
West Point Municipal Water System Lee Drinking Water 2023 Water Main Improvements $413,000
Bettendorf Scott Clean Water Spencer Creek Lift Station Improvements $9,500,000
Polk City Polk Drinking Water Storage Improvements $2,650,000
Martensdale Warren Clean Water Lagoon Lift Station Improvements $526,000
Mallard Palo Alto Drinking Water Connection to ILRW $1,388,000
Cresco Howard Clean Water Age Related Equipment Replacement $1,940,000
Belle Plaine Benton Drinking Water Planning & Design $729,500
Grinnell Poweshiek Drinking Water Transmission Improvements $2,202,000
Story City Story Clean Water Treatment Improvements $5,000,000
Ames Story Clean Water WPCF Nutrient Reduction Project $65,185,000
Terril Dickinson Drinking Water Treatment Improvements $950,000
Terril Dickinson Drinking Water Treatment Improvements $650,000
Storm Lake Buena Vista Drinking Water Source Improvements $1,259,000
Storm Lake Buena Vista Drinking Water Source Improvements $1,074,000
Ainsworth Washington Drinking Water Water Main Replacement $700,000
Ely Linn Drinking Water Planning & Design $245,000
Winfield Henry Clean Water Treatment Improvements $1,098,000
Johnston Polk Clean Water NW Area Sanitary Sewer Extension Phase C $3,100,000
Granger Dallas Drinking Water New Water Tower, connector main, and booster station $2,718,000
Madrid Boone Drinking Water Transmission Main $611,000
Stockport Van Buren Clean Water Sewer System Rehab $863,000
Muscatine Muscatine Clean Water West Hill Area Sanitary and Storm Sewer Separation $7,960,000
Mahaska Rural Water System Mahaska Drinking Water Transmission Main Improvements $1,912,000
Bloomfield Davis Clean Water Sponsored Project $520,000
Boone Boone Clean Water Roof Replacement Project $780,000
Casey Guthrie Drinking Water Transmission Improvements $366,000
Boone Boone Drinking Water Water Treatment Plant Improvements $1,638,000
Ladora Iowa Clean Water Wastewater Improvements Phase II $965,000
? ? ? TOTAL $244,062,500