Reform State Revolving Fund Policies to Advance Equity and Resilience

At EPIC, we aim to eliminate disparities in water infrastructure investments. We conduct research, develop strategies, and work with states to reform their SRF policies to be more equitable by increasing the number of disadvantaged communities—particularly communities of color—that receive SRFs. Additionally, we aim to increase SRF investments in nature-based infrastructure to maximize the social, environmental, and economic benefits.

The Opportunity

Disparities in drinking water, wastewater treatment, and stormwater management in the United States stem from uneven investment in infrastructure. Water systems rely on local fees to fund infrastructure. Those serving low-income communities tend to have less revenue and access to capital to finance projects. Federal financial assistance can help utilities invest in infrastructure to reduce these inequalities. The nearly $44 billion in the Infrastructure Investment and Jobs Act (IJJA) for the State Revolving Funds (SRFs)—the largest source of intergovernmental aid for water systems— creates an unprecedented opportunity to invest in water infrastructure over the next five years.

The Need

We need to fund and finance water infrastructure to close the gap in access to safe, reliable, and affordable water services. State Revolving Funds provide an important source of capital. However, many communities face numerous barriers to accessing SRFs. Better state-level policies and practices can reduce these barriers. Policy reform is necessary to ensure SRF assistance is distributed to advance equity and resilience.


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