Clean Water / Drinking Water State Revolving Fund Loan

What is it?

DirectLenderMatch classifies Clean Water / Drinking Water State Revolving Fund Loan under the financing form “Public infrastructure loan.” Its typical use in this directory is: State-administered low-cost financing for eligible water infrastructure.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Eligible water project and governmental/system repayment source. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

State-administered low-cost financing for eligible water infrastructure.

What backs or supports it?

Eligible water project and governmental/system repayment source.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Loan or credit structure

Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

Program or transaction-specific provider path

SRF lender/program administrator varies by state; DLM should ultimately link state-by-state programs.

Indiana Finance Authority

State revolving-fund direct lender/program administrator

Official program information →

Last verified: August 23, 2026