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Awards/FORMULA GRANT (A)

$69,506,000

Environmental Protection Agency·Environmental Protection Agency

to INDIANA FINANCE AUTHORITY

environmentactiveONGOING · MOD OF 2024 CONTRACT
WORK BEGAN2024-06-01·LATEST ACTION2026-03-19·SOURCEUSASPENDING·SOURCE IDASST_NON_02E03316_068
Award description

DESCRIPTION:THIS AGREEMENT PROVIDES A CAPITALIZATION GRANT, FUNDED BY THE INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA) (PL 117-58), FOR THE RECIPIENT'S DRINKING WATER STATE REVOLVING FUND (DWSRF) PROGRAM. FUNDS WILL BE USED FOR DWSRF-ELIGIBLE LEAD SERVICE LINE REPLACEMENT PROJECTS AND ASSOCIATED ACTIVITIES DIRECTLY CONNECTED TO THE IDENTIFICATION, PLANNING, DESIGN, AND REPLACEMENT OF LEAD SERVICE LINES. THE AWARD FURTHERS THE PUBLIC HEALTH PROTECTION OBJECTIVES OF THE SAFE DRINKING WATER ACT (SDWA).ACTIVITIES:THE RECIPIENT OF THESE FUNDS WILL PROVIDE LOW INTEREST RATE FINANCING TO ELIGIBLE PUBLIC WATER SYSTEMS FOR THE COSTS ASSOCIATED WITH THE PLANNING, DESIGN, AND CONSTRUCTION OF ELIGIBLE DRINKING WATER IMPROVEMENT PROJECTS. THE RECIPIENT MAY ALSO USE SOME OF THE FUNDING FOR SPECIFIC SET-ASIDES. FUNDS WILL BE USED FOR DWSRF-ELIGIBLE LEAD SERVICE LINE REPLACEMENT PROJECTS AND ASSOCIATED ACTIVITIES DIRECTLY CONNECTED TO THE IDENTIFICATION, PLANNING, DESIGN, AND REPLACEMENT OF LEAD SERVICE LINES.SUBRECIPIENT:DRINKING WATER STATE REVOLVING FUND PROGRAM IS EXEMPT FROM 2 CFE 200.332 SUBRECIPIENT MONITORING REQUIREMENTS AS PROVIDED IN 2 CFR 1500. PROGRAM PROVIDES ASSISTANCE IN THE FORM OF LOANS.OUTCOMES:THE ANTICIPATED DELIVERABLES INCLUDE FINANCING, PLANNING, DESIGN, AND CONSTRUCTION OF ELIGIBLE LEAD SERVICE LINE PROJECTS AND ASSOCIATED ACTIVITIES. DELIVERABLES WILL ALSO BE USED TO INCREASE THE LEAD SERVICE LINE-RELATED TECHNICAL, MANAGERIAL, AND FINANCIAL CAPACITY OF PUBLIC WATER SYSTEMS. THE EXPECTED OUTCOME IS PUBLIC HEALTH PROTECTION. THE INTENDED BENEFICIARIES INCLUDE CITIZENS THROUGHOUT THE STATE.

Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.

The Buildout's read

What the model surfaced from this award

Confidence: high
In plain English

Latest obligation on Indiana's drinking water fund to finance lead service line replacement and water system improvements through low-interest loans.

Sub-sectors
drinking-water-infrastructurelead-remediationstate-revolving-fund
Why this matters

Removes lead from drinking water systems, protecting public health under the Safe Drinking Water Act; IIJA-funded multi-year program begun in 2024.

Supply-chain signal

Drives demand for water infrastructure contractors, engineering firms, and lead-safe materials suppliers across Indiana's municipal water systems.

Generated by award_classification v2.1.0 via claude-haiku-4-5-20251001 on 2026-06-03. Cost: $0.003296.

Period of performance
Start
2024-06-01
End
2028-12-31
Status
activein 902 days
Other awards from this recipient
Sources

The Buildout does not edit federal records. Any inaccuracy reflects the upstream source; it will update here when corrected there.

$69.5M Environmental Protection Agency — The Buildout — The Buildout