CIA assisted the City of Murfreesboro in successful applications for three State Revolving Fund (SRF) Loan Program loans. The City was awarded SRF loans for new pump stations, force main upgrades, and expansion of the Wastewater Treatment Plant.

CIA used its understanding of the SRF program to help the City overcome impediments to funding, complete the submittals, and meet the required schedules.

The State of Tennessee is an authorized administrator of U.S. Environmental Protection Agency (EPA) funds available to all communities in the state. The SRF Loan Program provides low-interest loans that help communities, utility districts, and water and wastewater authorities finance projects that protect Tennessee’s ground and surface waters and public health.  Through the SRF Program, communities, utility districts, and water and wastewater authorities can obtain loans with lower interest rates than most can obtain through private financing.  Interest rates for loans can vary from zero percent to market rate based on each community’s economic index.