The Clean Water State Revolving Fund (CWRF) offers “sponsorship programs” which enable land conservation projects to prevail at no cost to conservation organizations. How can this be? In Pennsylvania, PENNVEST offers low-interest loans to authorities and municipalities for water/sewer improvement projects. Through the sponsorship program, a municipality may tap on the cost of a preservation project to its PENNVEST loan and in doing so reduce the interest rate, loan obligation, and have two projects funded for the price of one.
For more information, contact Mike Curley, Environmental Law Institute at email@example.com or 443.691.1874.