The CWSRF helps municipalities and eligible borrowers finance wastewater treatment, stormwater controls, and other projects that protect Rhode Island's waters.
$250M+
Committed since inception
Illustrative total
38%
Interest cost savings vs. market
Representative benchmark
240+
Projects assisted
Placeholder figure
1989
Program established
Historical context
Ready to apply
For public entities applying for long-term financing for drinking water, clean water, energy efficiency and/or renewable energy, or road and bridge projects.
Not sure this is the right form? Check eligibility or browse all application forms.
Municipalities, quasi-public wastewater entities, and other eligible borrowers as defined in program guidance may apply when projects appear on an approved Intended Use Plan (IUP).
Eligible uses commonly include wastewater treatment upgrades, nutrient removal, stormwater BMPs, combined sewer improvements, asset management planning tied to capital work, and related engineering when consistent with federal and state priorities.
Projects typically require environmental review readiness, permitting alignment, readiness to proceed (design/construction schedules), creditworthiness or supported security structures, and compliance with state procurement and reporting expectations.
Partner City of Woonsocket Challenge: The City of Woonsocket’s aging drinking water plant was not meeting Rhode Island Department of Environmental Management water quality discharge standards and entered into an agreemen
Read story
Partner Town of Warren Challenge: Warren’s municipal wastewater treatment facility was found to be discharging high levels of nitrogen into Warren Harbor and Narragansett Bay. Warren officials reached out to the Infrastr
Read storyPlanning cycles vary; allow several months for engineering readiness, environmental review alignment, and credit underwriting.
Discuss your project scope with program staff and verify alignment with current funding priorities.
Jump to eligibilityAssemble preliminary engineering, permits strategy, schedule, and financial/credit materials requested in the application packet.
Complete the online application for this program. You can also download the PDF if you prefer to work offline.
Apply onlineRIIB completes credit review and coordinates closing steps with counsel and borrowing counsel as applicable.
Primary submission form for review cycles.
Program overview, eligibility, and borrower benefits.
Overview of roles, timelines, and compliance checkpoints.
Lists categories and constraints for funding priorities.
Published yearly
Criteria used to determine affordability-based subsidy.
Rates reflect program policies and market conditions at closing. Confirm current pricing with staff during underwriting.
Stormwater projects may qualify when consistent with eligible categories and priorities described in program guidance.
Use the contact section below for staff routing. Engineering questions may be coordinated with your assigned project analyst.
Funding rounds vary. Refer to posted notices for the active cycle or ask staff about pipeline intake.
Companion program for drinking water infrastructure financing.
Planning and action grants for community climate resilience.
Business Development Officer
For more information about the Clean Water State Revolving Fund, please contact:
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