House Rural Development Council Ben Cowart External Affairs Manager Amanda Carroll Senior Water Program Manager September 11 2019 2 GEFAs mission is to conserve and protect Georgias energy ID: 823706
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GEFA Loan Programs and FundingHouse Rur
GEFA Loan Programs and FundingHouse Rural Development Council Ben CowartExternal Affairs ManagerAmanda CarrollSenior Water Program ManagerSeptember 11, 20192â¢GEFAâs mission is to conserve and protec
t Georgiaâs energy, land, and water r
t Georgiaâs energy, land, and water resources. â¢GEFA has provided more than $4.3 billion in low-interest loans and has funded approximately 1,600 projects.â¢Eligible Borrowers:â¢Counties and
municipalitiesâ¢Local water, sewer,
municipalitiesâ¢Local water, sewer, and sanitary districtsâ¢State and local authorities, boards, and political subdivisions created by the General Assembly. What is GEFA and Who is Eligible3Water Reso
urces âWater and sewer financingâ
urces âWater and sewer financingâWater supply financingâWater conservationâSolid waste financingâLand conservation financingGEFA Infrastructure Financing4Loan Program OverviewGEFA Infrast
ructure Financing ProgramsState Fundi
ructure Financing ProgramsState FundingGeorgia FundState bond funds and loan repaymentsFederal FundingClean Water SRFFederal appropriations, state bond funds (match funds) and loan repaymentsDrink
ing Water SRFFederal appropriations,
ing Water SRFFederal appropriations, state bond funds (match funds) and loan repayments5Georgia FundLoan Program Overviewâ¢Emergency loansâ¢Economic developmentâ¢Supply, distribution, and treat
ment of waterâ¢Collect, treat, or dis
ment of waterâ¢Collect, treat, or dispose of sewage and solid wasteState Funding6Drinking Water SRFLoan Program Overviewâ¢Install or upgrade facilities to improve drinking water quality or pressureâ
¢Rehabilitation of wellsâ¢Transmiss
¢Rehabilitation of wellsâ¢Transmission and distributionâ¢Storageâ¢Creation of new systemsClean Water SRFâ¢Construct publicly owned treatment worksâ¢Control nonpoint source pollutionâ¢Storm
waterâ¢Water reuseFederal Funding7
waterâ¢Water reuseFederal Funding720-year Loan Interest RatesProgramRate*YearsMaxGeorgia Fund2.44%20 $3MDrinking Water SRF1.94%20 $25MClean Water SRF1.94%20 $25M*Maximum rate. Intere
st Rates for Long-term Financing8202
st Rates for Long-term Financing82020 Affordability Criteria9Affordability Assessment ToolBen Cowart and Amanda Carrollbcowart@gefa.ga.gov404-584-1053acarroll@gefa.ga.gov404-584-1053gefa.geo