Missouri currently has two State Revolving Fund (SRF) programs: Clean Water State Revolving Fund and Drinking Water State Revolving Fund. These programs provide low-interest loans and grants to Missouri communities, providing funding for a wide range of drinking water and wastewater infrastructure and nonpoint source pollution control projects.
The SRF programs are managed by the Missouri Department of Natural Resources (MoDNR) and the Environmental Improvement and Energy Resources Authority (EIERA), with oversight from the Clean Water Commission and Safe Drinking Water Commission.
- MoDNR is responsible for programmatic functions, including processing applications, priority scoring, Intended Use Plan preparation, environmental review, permitting, reporting and financial assistance disbursement and repayment processing.
- EIERA issues bonds, manages related tax issues and monitors post-issuance compliance. At present, the EIERA bonds are rated as AAA.
MoDNR and EIERA work together to maximize the amount of construction that can be supported by the program, and reserve the right to refinance, assign, pledge or leverage any loans originated through the SRF programs. Information about the various loans and grants available through the SRF programs, and how to apply for them, is available on MoDNR’s State Revolving Fund webpage.
Post-Issuance Documents:
- State Revolving Funds Programs Tax Compliance Procedure, July 25, 2013
- Independent Registered Municipal Advisor Disclosure Certificate, June 30, 2025