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Drinking Water Revolving Loan Fund
Time Line

January - May Submit request to place project(s) on the Project Priority List (PPL).

The PPL is maintained by the Minnesota Department of Health (MDH) and is an ongoing list of projects that meet initial revolving fund eligibility criteria. Projects are listed in priority order, and each year new projects are added while others are removed if they have been funded or are no longer being considered for implementation. Typically the deadline for the Project Priority List is the first Friday in May and the first Friday in June for the Intended Use Plan.

January - June Submit a request to place project(s) on the Intended Use Plan (IUP).

The IUP is managed by the Minnesota Public Facilities Authority (PFA) and is an annual plan that identifies which projects are eligible for funding within the year. Request placing project(s) on the IUP when financing and construction are expected to start between July of the current year and June of the following year. There is no guarantee that all projects submitted for the IUP will be in the funding range and will therefore be eligible for funding. Typically the deadline for the Intended Use Plan is the first Friday in June.

August/September The IUP goes into effect.

The date varies from year to year.

Six Months After the IUP Goes Into Effect submit a completed loan application to the PFA.

The deadline must be met or a project will no longer be eligible for a loan during the funding year.

Picture of Balance & ScalesWithin 6 Months After the IUP Goes Into Effect submit project engineering plans to the MDH.

The deadline must be met or a project will no longer be eligible for a loan during the funding year.

Before the loan can be approved satisfy environmental review requirements.

The revolving fund uses federal money, so system owners are responsible for meeting environmental review requirements. Unless the project is exempt the process will take at least three months because of mandatory comment periods.

Before the loan can be approved the department of health certifies the project(s) meet department requirements.

Certification requirements:

  1. Engineering plans approved
      • Submitted by engineer; approved by department of health
  2. Environmental review complete
      • Conducted by system owner or consultant, department of health provides summary, system owner publishes findings
  3. System has certified operator
      • Picture of DeadlineDepartment of health will verify
  4. System has technical and managerial capability
      • Department of health will verify

Loan is finalized

The water system owner submits to the PFA completed loan application documents and forms, "as-bid" costs, a tax-exempt general obligation note, a tax-exempt bond opinion prepared by a nationally recognized bond council, and a signed loan agreement. The PFA executes the loan.

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Updated Thursday, February 13, 2014 at 01:14PM