In the second quarter of FY26, the Iowa Finance Authority approved 49 water quality loans to support infrastructure projects totaling more than $255 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 | Project Description | Loan Amount |
|---|---|---|---|---|
| Alta Mu | Buena Vista | Drinking Water Planning and Design | New Water Treatment Plant | $319,000.00 |
| Ames | Story | Clean Water | Stream stabilization | $337,000.00 |
| Ankeny | Polk | Drinking Water | CIWW Asset Transfer Buy In | $9,044,000.00 |
| Boone | Boone | Clean Water | headworks building equipment | $1,272,000.00 |
| Burlington Mu | Des Moines | Drinking Water | Lead Service Line Replacement | $650,000.00 |
| Cedar Rapids | Linn | Clean Water | WPC Solids Improvements (Bowen B) | $33,400,000.00 |
| Cedar Rapids | Linn | Clean Water | WPC Solids Improvements (Bowen B) | $25,100,000.00 |
| Cedar Rapids | Linn | Drinking Water Planning and Design | NWTP Expansion Project | $12,500,000.00 |
| Charter Oak | Crawford | Drinking Water Planning and Design | Water main replacement | $159,000.00 |
| Decorah | Winneshiek | Clean Water | Wastewater Plant Improvements | $5,152,000.00 |
| Duncombe | Webster | Clean Water | 2025 WWTF Improvements Project | $1,088,000.00 |
| Duncombe | Webster | Clean Water | 2025 WWTF Improvements Project | $800,000.00 |
| Earlham | Madison | Clean Water Planning and Design | Phase 2 Disinfection | $300,000.00 |
| Fort Dodge | Webster | Drinking Water | Fort Dodge to Manson Water Main | $1,689,000.00 |
| Glenwood Municipal Utiliites | Mills | Clean Water Planning and Design | New wastewater treatment plant | $4,300,000.00 |
| Grimes | Polk | Drinking Water | CIWW Asset Transfer Buy In | $5,000,000.00 |
| Grinnell | Poweshiek | Drinking Water | Composite Water Tower | $4,328,000.00 |
| Henderson | Mills | Clean Water Planning and Design | Wastewater lagoon repairs | $101,350.00 |
| Holstein | Ida | Clean Water | Wastewater System Improvements | $5,500,000.00 |
| Johnston | Polk | Clean Water | NW Area Sanitary Sewer Extension Phase B | $8,000,000.00 |
| Johnston | Polk | Drinking Water | NW Saylorville Drive Water Main Extension Segments B & C | $9,000,000.00 |
| Johnston | Polk | Drinking Water | CIWW Asset Transfer Buy In | $11,000,000.00 |
| Keokuk Water Works | Lee | Drinking Water Planning and Design | Water Main Replacement - Timea St | $60,000.00 |
| Lake City | Calhoun | Clean Water Planning and Design | Wastewater treatment and collection | $556,000.00 |
| Lake City | Calhoun | Drinking Water | Well No. 6 and Well No. 7 | $1,890,000.00 |
| Lake View | Sac | Drinking Water Planning and Design | Water supply well | $348,000.00 |
| Manchester | Delaware | Drinking Water Planning and Design | Increase of system pressure with booster pumps | $105,000.00 |
| Marengo | Iowa | Clean Water | Wastewater Facility Improvements | $5,815,000.00 |
| Marshalltown Water Works | Marshall | Drinking Water | New 6 MGD RO Membrane Process Train | $22,750,000.00 |
| Marshalltown Water Works | Marshall | Drinking Water | New 6 MGD RO Membrane Process Train | $42,250,000.00 |
| Mason City | Cerro Gordo | Drinking Water Planning and Design | Water Treatment Facility Improvements - EDR | $1,328,250.00 |
| Melbourne | Marshall | Clean Water Planning and Design | Aerated Lagoon Improvements | $300,000.00 |
| Montrose | Lee | Clean Water Planning and Design | Equipment Replacement | $145,900.00 |
| North Liberty | Johnson | Drinking Water Planning and Design | Water supply wells. Water Treatment Plant Improvements. | $1,144,500.00 |
| Norwalk | Warren | Drinking Water | CIWW Asset Transfer Buy In | $5,970,000.00 |
| Oakland | Pottawattamie | Drinking Water | 2023 Water Supply Wells | $692,000.00 |
| Oakland | Pottawattamie | Drinking Water | 2023 Water Supply Wells | $1,558,000.00 |
| Odebolt | Sac | Drinking Water Planning and Design | Water distribution system improvements | $231,900.00 |
| Olin | Jones | Clean Water Planning and Design | Lagoon Improvements | $54,100.00 |
| Oskaloosa Municipal Water Utility | Mahaska | Drinking Water | Transmission Main Replacement | $1,144,000.00 |
| Polk City | Polk | Drinking Water | CIWW Asset Transfer Buy In | $1,730,000.00 |
| Prairie City | Jasper | Drinking Water | Phase 2 Water Main Replacement | $1,200,000.00 |
| Rock Rapids | Lyon | Clean Water Planning and Design | WWTF improvements | $975,000.00 |
| Sloan | Woodbury | Drinking Water Planning and Design | Water softener at WTP to reduce chloride | $675,000.00 |
| Spillville | Winneshiek | Drinking Water | Transmission Improvements (Supplemental) | $303,000.00 |
| Swea City | Kossuth | Clean Water | Wastewater System Improvements | $5,032,000.00 |
| Urbana | Benton | Drinking Water | 2025 Water System Improvements | $2,376,000.00 |
| Urbandale Water Utility | Polk | Drinking Water | CIWW Asset Transfer Buy In | $10,800,000.00 |
| Waukee | Dallas | Drinking Water | CIWW Asset Transfer Buy In | $7,000,000.00 |