April 2, 2025
In the third quarter of FY25, the Iowa Finance Authority approved 23 water quality loans to support infrastructure projects totaling more than $59 million. The loans are made possible through the State Revolving Fund, a partnership between the Iowa Finance Authority and the Iowa Department of Natural Resources.
| Participant | County | Program | Program Description | Loan Amount |
|---|---|---|---|---|
| Boone | Boone | Clean Water | Planning & Design | $1,131,000 |
| Boone | Boone | Drinking Water | Planning & Design | $866,000 |
| Castana | Monona | Drinking Water | Planning & Design | $431,500 |
| Dubuque | Dubuque | Clean Water | Old Mill Road Lift Station and Force Main | $26,221,000 |
| Elgin | Fayette | Clean Water | Planning & Design | $40,000 |
| Elma | Howard | Clean Water | Planning & Design | $150,000 |
| Ely | Linn | Clean Water | Sewer System Improvements | $175,000 |
| Fairfax | Linn | Drinking Water | Planning & Design | $1,277,000 |
| Forest City | Winnebago | Clean Water | Treatment Improvements | $2,000,000 |
| Kalona | Washington | Clean Water | Planning & Design | $400,000 |
| Keokuk Water Works | Lee | Drinking Water | Planning & Design | $58,915 |
| Larrabee | Cherokee | Clean Water | Planning & Design | $170,600 |
| Maquoketa | Jackson | Clean Water | Treatment Improvements | $3,200,000 |
| Montezuma | Poweshiek | Drinking Water | New Jordan Well Construction | $4,794,000 |
| Norway | Benton | Drinking Water | Planning & Design | $160,000 |
| Osceola Water Works | Clarke | Drinking Water | Planning & Design | $1,110,000 |
| Oyens | Plymouth | Drinking Water | Planning & Design | $41,000 |
| Perry | Dallas | Clean Water | Sponsored Project | $1,615,000 |
| Protivin | Howard | Drinking Water | Water System Improvements | $883,000 |
| Runnells | Polk | Clean Water | Treatment Improvements | $500,000 |
| Ruthven | Palo Alto | Drinking Water | Water Treatment Plant | $1,932,000 |
| Tama | Tama | Clean Water | Planning & Design | $500,000 |
| Wastewater Reclamation Authority | Polk | Clean Water | New Effluent Pump Station | $11,800,000 |
| -- | -- | -- | TOTAL | $59,456,015 |