In the first quarter of FY26, the Iowa Finance Authority approved 42 water quality loans to support infrastructure projects totaling more than $181 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.

ParticipantCountyProgramProject DescriptionLoan Amount
AnkenyPolkDrinking Water ConstructionSW Walnut Street & SW Ordnance Road Water Main$1,356,000 
Cedar FallsBlack HawkClean Water Planning & DesignTrickling Filter Plant Improvements$11,000,000 
Central Iowa Water WorksPolkDrinking Water Planning & DesignExpansion of Grimes membrane water treatment plant$5,050,000 
Central Iowa Water WorksPolkDrinking Water Planning & Design12 MGD membrane water treatment plant in Dallas County$22,725,000 
CorrectionvilleWoodburyDrinking Water Planning & DesignLead Service Line Replacement$41,000 
CorydonWayneClean Water Planning & DesignSanitary sewer collection system rehabilitation$364,000 
CorydonWayneDrinking Water Planning & DesignDesign- Elevated water storage tank replacement$279,000 
CrestonUnionClean Water Water ConstructionWastewater Treatment Facility Improvements - Nutrient Reduction$10,720,000 
Creston WWUnionDrinking Water Planning & DesignLead service line replacement$218,000 
Creston WWUnionDrinking Water ConstructionWater Distribution System Improvements$4,719,000 
Creston WWUnionDrinking Water ConstructionWater Distribution System Improvements (LSL)$236,000 
DanvilleDes MoinesClean Water Water ConstructionWastewater Treatment Facility Improvements$4,971,000 
DanvilleDes MoinesClean Water Water ConstructionWastewater Treatment Facility Improvements$600,000 
DecorahWinneshiekDrinking Water ConstructionWater Meter Replacement$1,500,000 
Des Moines Wastewater Reclamation AuthorityPolkClean Water Water ConstructionSouthern Tier Core project improvements$22,000,000 
Des Moines Wastewater Reclamation AuthorityPolkClean Water Water ConstructionSponsored Project$2,560,000 
Des Moines Wastewater Reclamation AuthorityPolkClean Water Water ConstructionSponsored Project$1,900,000 
DubuqueDubuqueClean Water Planning & DesignHawthorne to Roosevelt St sewer line$500,000 
DubuqueDubuqueClean Water Planning & DesignSewer upsizing along the South Fork interceptor from Old Mill Road to North Cascade Road$3,400,000 
DubuqueDubuqueClean Water Planning & DesignSewer upsizing along the Middle Fork interceptor from Old Mill Road to Brunskille Road$3,600,000 
DubuqueDubuqueClean Water Water ConstructionGreen Alley$761,000 
DubuqueDubuqueDrinking Water ConstructionLead Service Line Replacement$1,941,000 
EarlySacDrinking Water Planning & DesignRaw water capacity $400,000 
FairfaxLinnDrinking Water ConstructionProduction Well #4$555,000 
GilmanMarshallClean Water Planning & DesignRehab and repairs to wastewater collection system$283,000 
GrinnellPoweshiekDrinking Water ConstructionWater System Improvements$17,581,000 
HartleyO'BrienDrinking Water Planning & DesignWater main improvements$330,000 
LansingAllamakeeClean Water Water ConstructionPlatt, 4th & North Utility Improvements$534,000 
LansingAllamakeeDrinking Water ConstructionPlatt, 4th &North St Utility Improvement$363,000 
MeserveyCerro GordoDrinking Water ConstructionPhase 1 Water Supply System Improvements Project$698,000 
MuscatineMuscatineClean Water Water ConstructionWest Hill Area Sanitary and Storm Sewer Separation Phase 6D$5,115,000 
NevadaStoryClean Water Water ConstructionSponsored Project$2,000,000 
OnslowJonesDrinking Water Planning & DesignNew well, booster station, distribution system impovements$300,000 
Pony Creek HoaMillsDrinking Water Planning & DesignTransmission main to connect to Glenwood$176,000 
Rock ValleySiouxDrinking Water ConstructionNew Well to replace well #7 contaminated with PFO's$555,000 
SabulaJacksonClean Water Planning & DesignWWTF upgrades$520,697 
SanbornO'BrienClean Water Planning & DesignWWTF improvements$895,000 
Sergeant BluffWoodburyClean Water Planning & DesignC Street sanitary sewer replacement and storm sewer improvements$310,000 
Sergeant BluffWoodburyClean Water Planning & DesignWest Ridge Road sanitary and storm sewer extension$110,000 
Sergeant BluffWoodburyDrinking Water Planning & DesignC Street water main replacement including replacing any LSL$310,000 
Sergeant BluffWoodburyDrinking Water Planning & DesignWest Ridge Road water main extension$110,000 
Sioux CityWoodburyClean Water Water ConstructionDigestion and High Strength Waste Receiving Improvement Project$10,902,000 
SpencerClayClean Water Planning & Design#N/A$8,500,000 
State CenterMarshallClean Water Water ConstructionUpgraded lift station$2,094,000 
SullyJasperDrinking Water ConstructionWater Distribution System Improvements$1,415,000 
TaborFremontDrinking Water ConstructionWater System Improvements$1,964,000 
TiffinJohnsonDrinking Water ConstructionWater Treatment Improvements$14,384,000 
UnderwoodPottawattamieClean Water Water ConstructionWastewater Treatment Facility Improvements$6,418,000 
UrbanaBentonDrinking Water Construction2025 Water System Improvements$1,250,000 
Urbandale Water UtilityPolkDrinking Water Planning & DesignNew 3.0 MGD ASR well, ASR facility and distribution $2,130,000 
West BendPalo AltoClean Water Planning & DesignWWTP improvements$588,000 
Total$181,231,697