The Clean Water and Drinking Water State Revolving Fund (SRF) programs offer subsidized low interest loans, providing a renewable financing source for water infrastructure. The SRF programs are managed by the Department of Natural Resources and the Environmental Improvement and Energy Resources Authority (EIERA). The department, with oversight from the Clean Water Commission and Safe Drinking Water Commission, 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. The department 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.
Applications for the SRF Loan Program are available through the Missouri Department of Natural Resources’ Financial Assistance Center at fac@dnr.mo.gov or 573-751-1192.
Independent Registered Municipal Advisor Disclosure Certificate (06/30/25)