Drinking Water State Revolving Fund Proposed Priority System, Intended Use Plan, and Project Priority List, Federal Fiscal Year 2003

The Safe Drinking Water Act (SDWA) Amendments of 1996 authorized a Drinking Water State Revolving Fund (DWSRF) to assist publicly owned and privately owned community water systems and nonprofit noncommunity water systems to finance the costs of infrastructure needed to achieve or maintain compliance with SDWA requirements and to protect the public health in conformance with the objectives of the SDWA. The SDWA authorized a total of $9.6 billion nationally for the DWSRF through Federal Fiscal Year (FFY) 2003. The DWSRF is administered as a component of the Environmental Infrastructure Financing Program (EIFP) which also administers the state?s Clean Water State Revolving Fund (CWSRF). Through leveraging by the EIFP (that is, the sale of revenue bonds, the proceeds of which are loaned to project sponsors), the State is able to provide low interest loans to far more projects than if leveraging was not done. This document serves as the New Jersey Department of Environmental Protection?s (NJDEP) DWSRF Priority System, Intended Use Plan (IUP) and Project Priority List and has several purposes regarding the use of anticipated federal funds, including: (1) the establishment of the ranking criteria under which DWSRF projects will be ranked and placed on the Priority List; (2) the establishment of program requirements and document submittal deadlines for award of DWSRF loans in State Fiscal Year (SFY) 2003 (i.e., November 2002) using FFY2002 federal capitalization grant funds and any remaining funds from previous federal capitalization grant funds; (3) the establishment of program requirements and document submittal deadlines for award of DWSRF loans in SFY2004 (i.e., November 2003) using FFY2003 federal capitalization grant funds and any remaining funds from previous federal capitalization grant funds; and (4) the establishment of the proposed uses of the set-asides using FFY2003 federal capitalization grant funds.jcraver@dep.state.nj.us Rtsao@dep.state.nj.us or Bureau of Safe Drinking Water 401 E. State Street P.O. Box 426 Trenton, NJ 08625-0426Purpose: To propose the Priority System, Intended Use Plan, and Project Priority List for the Drinking Water State Revolving Fund for Federal Fiscal Year 200