Bipartisan Infrastructure Law ("BIL")
in SRF Loan/Grant combo funding over the next 5 years for Colorado
680,387,300
$
Current Interest rates(under $3million)
Click here for more Interest rate information
Direct Loan
Non-Disadvantaged Community (DAC)
Disadvantaged Community program info click here
3.25%
20-year
loan term
3.50%
30-year
loan term
Lead Line
Replacement (LSL)
BIL Loan
Disadvantaged Community program info click here
3.25%
20-year
loan term
3.50%
30-year
loan term
Qualified
as DAC
Category 1
Disadvantaged Community program info click here
2.50%
20-year
loan term
2.75%
30-year
loan term
Emerging Contaminants
Funding (EC)
Disadvantaged Community program info click here
100% Principal Forgiveness
if BIL eligible
Qualified
as DAC
Category 2
Disadvantaged Community program info click here
1.50%
20-year
loan term
1.75%
30-year
loan term
*All interest rates are approved by the Authority's Board and are subject to change anytime at the Authority Board's discretion.
-Signed by President Biden on November 16, 2021.
-Includes funds targeted at drinking water utilities for lead line replacement.
-Includes funds targeted at drinking water and wastewater utilities for emerging contaminants.
-Contains additional base program funds for both DWRF & WPCRF.
-Updated Fact Sheet: Bipartisan Infrastructure Investment and Jobs Act (White House)
Additional information relevant to the BIL is posted here:
-
Funding Summary (Council of Infrastructure Financing (CIFA) Authorities)
(Overview of Requirement)
-
Determining Loan Principal Forgiveness (State Revolving Fund)(Overview Document)