Infrastructure State Revolving Fund (ISRF) Program
Infrastructure and Economic Development Bank
Who can apply
Eligible applicants include, but are not limited to: any subdivision of a local government, including cities, counties, special districts, assessment districts, joint powers authorities and non-profit corporations (as deemed eligible).
About this opportunity
ISRF loans can fund a wide variety of projects – including water and wastewater treatment plant upgrades or construction, venue or airport construction, or street repair and upgrades. ISRF financing is available in amounts ranging from $1 million to $65 million with loan terms for the useful life of the project up to 30 years. With IBank You: • Save time — We conduct a preliminary review process and provide feedback before inviting you to apply. • Can submit applications any time of the year. We accept applications continuously, and because we issue our own bonds to generate funds, we do not run out of funding. • If approved, can receive funds within 45 to 90 days of IBank board approval.• Receive low, competitive, fixed-interest rates up to 30 years. We are AAA rated, and we pass our low ...