Stewardship urban conservationists, and others, SRF staff evaluated the applications and prepared a list of proposed projects for this IUP. Objective 2: Systematic business assessment of the Sponsored Project Program process to identify best practices and to establish new practices that can streamline the process and shorten project completion times.
• Goal: Encourage applicants to engage a registered municipal advisor (MA).
Objective: During SFY 2023, all applicants submitting an Intended Use Plan application must demonstrate that they have hired an MA to assist with cash flows, rate setting, debt service coverage, and other financial aspects of their wastewater utility. Due to current supply chain and contractor availability issues, the costs of projects have been increasing. The CWSRF Program will encourage applicants to engage with their MA early in the project planning process to ensure that the community is taking appropriate measures to account for potential increased debt service requirements. The CWSRF program will reimburse up to $4,000 of the MA fee to the borrowers. • Goal: Implement the “Build America, Buy American (BABA)” requirements enacted by Congress in the Bipartisan Infrastructure Law on May 14, 2022. Objective: During SFY 2023, SRF staff will engage DNR Field Office staff to establish a BABA oversight program. SRF staff will provide information to those applicants required to comply with necessary documentation and inspection procedures. CWSRF will conduct site visits and provide technical assistance to help applicants determine eligibility for the exemptions and waivers provided for in the Act and EPA guidance. • Goal: Continue to implement the “Use of American Iron and Steel (AIS)” requirements enacted by Congress on January 17, 2014. Objective: During SFY 2023, SRF staff will re-evaluate the AIS oversight program , retaining best practices and aligning the program with BABA requirements, as needed. SRF staff will provide information to applicants on necessary documentation and inspection procedures and will continue to help applicants determine eligibility for the exemptions and waivers provided for in the Act and EPA guidance. SRF will continue to engage DNR Field Office staff to conduct site visits and provide technical assistance. • Goal: Fund green projects to meet the requirements of the Green Project Reserve (10% of the CWSRF Cap Grant). Objective: During SFY 2023, the CWSRF Program will fund green projects as required in the FFY 2022 Cap Grants and revise Grant Year assignments for 2018-2021 as project costs finalize . Iowa has already complied with the GPR requirements of previous Cap Grants.
• Goal: Continue applying additional subsidization available in the FFY 2019-FY2021 Cap Grants.
Objective: During SFY 2022 SRF staff plans to approve plans and specifications and execute loans or loan amendments with loan forgiveness to previously assigned recipients for the amounts required in the FFY 2019, FFY2020, and FFY 2021 Cap Grants in accordance with previously established criteria (see Appendix C). Iowa has complied with the additional subsidization requirements for all previous Cap Grants.
• Goal: Review and revise criteria used to identify eligible applicants for loan forgiveness.
Objective: During SYF 2023, SRF staff will revise the affordability criteria through public review and comment. The CWSRF intends to utilize the new affordability criteria to identify eligible applicants to receive
IOWA SRF INTENDED USE PLANS 2023 - CWSRF | Page 9
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