PUBLIC INTEREST CENTER: (614) 644-2160
MEDIA CONTACT: Linda Fee Oros
CITIZEN CONTACT: Amber Finkelstein
Ohio EPA Proposes 2014 Water Pollution Control Loan Fund Program Management Plan
Ohio EPA will hold a meeting on Monday, Nov. 18, 2013, to discuss Ohio EPA’s draft program management plan for the Water Pollution Control Loan Fund (WPCLF). The fund provides financial and technical assistance for a variety of projects, addressing the quality of Ohio's rivers, streams, lakes and other water bodies. Assistance is offered to both private and public entities.
The meeting will begin at 10:30 a.m. in Conference Room A at Ohio EPA, Lazarus Government Center, 50 West Town Street, Suite 700, Columbus. Comments will be taken until all interested persons have been heard. Written comments also can be mailed to Ohio EPA, Division of Environmental and Financial Assistance, P.O. Box 1049, Columbus, Ohio 43216-1049, or emailed to DEFAMAIL@epa.state.oh.us. All comments must be received by the close of business on Nov. 18, 2013.
Ohio EPA received project nominations that total slightly over $1.5 billion and will make funds available to all applicants that meet program requirements. Additionally, $5 million will be available in 2014 for principal forgiveness projects.
Changes to the program include:
- Extended-term 30-year financing for select projects will be offered for the first time, designated for long-term combined sewer overflow projects that exceed a cost of $20 million.
- Ohio EPA will make at least $15 million available for “innovative projects” as Water Resource Restoration Sponsor Program (WRRSP) projects and other projects that have an innovative component.
- A new interest rate discount will be offered to encourage more “innovative projects.”
- A change to administer the fund on a standardized, predictable, annual schedule has been added. The nomination period will be in August each year, and the program management plan will be finalized by the beginning of each calendar year.
The deadline for nominating projects was Sept. 3, 2013 for projects to be funded in 2014, except for nominations for planning, which can be nominated throughout the year. All other nominations will be placed on the project priority list for future consideration.
The primary sources of WPCLF assistance are proceeds from bond issues, available loan repayments and federal capitalization grants. Ohio EPA may issue revenue bonds to help in meeting the coming year’s funding requests.
Copies of the draft 2014 program management plan are available online, or a copy can be requested by contacting DEFAMAIL@epa.state.oh.us, or calling (614) 644-3636.
The Ohio Environmental Protection Agency was created in 1972 to consolidate efforts to protect and improve air quality, water quality and waste management in Ohio. Since then, air pollutants dropped by as much as 90 percent; large rivers meeting standards improved from 21 percent to 89 percent; and hundreds of polluting, open dumps were replaced with engineered landfills and an increased emphasis on waste reduction and recycling.