To help communities better understand State Revolving Fund (SRF) program and the potential savings as a result of significantly low interest rates, EGLE recently launched the SRF Savings Calculator. This tool helps visualize potential financial savings applicants can realize through the SRF program.
The SRF Savings Calculator is easy to use, simply:
Enter an estimated project cost
Select loan terms that best match eligibility
Compare SRF financing against your municipality’s standard open market interest rate
Instantly view estimated savings
This is a powerful tool that will help communities make informed decisions and plan for future water infrastructure system repairs and upgrades.
EGLE is encouraging all eligible applicants to explore the SRF Savings Calculator and see how the program can support their community’s infrastructure goals.