Loan Program - Overview
The Alaska Clean Water Fund (ACWF) and the Alaska Drinking Water Fund (ADWF) are two Alaska Department of Environmental Conservation (ADEC) loan fund programs that offer low interest loans to Alaskan municipalities and other qualified entities for financing water, wastewater and water quality related projects.
Loans can finance up to 100 percent of a project's eligible costs for planning, design and construction of publicly owned facilities. In addition, loans can serve as local match for the ADEC Municipal Water, Sewer and Solid Waste Matching Grants Program or most other federal or state funding sources.
A range of projects and associated costs are eligible for funding under the ADEC loan programs, as described in Title 18, Chapter 76 of the Alaska Administrative Code, examples are as follows:
Examples of Improvements Fundable Under ACWF
- Wastewater Treatment Facilities
- Sewer Interceptor and Collection Systems
- Storm Water Collection and Treatment
- Nonpoint Source Prevention and Restoration Projects
- Enhancement Projects
Examples of Improvements Fundable Under ADWF
- Planning and Design of Facilities
- Water Source Rehabilitation
- Water Treatment Facilities
- Water Storage Facilities
- Water Transmission and Distribution Systems