The American Water Works Association estimates
that there are still 6.1 million lead service lines (LSLs)
in water systems around the country. About 10% of those LSLs are found in Chicago and its suburbs.
The risks and health effects of lead exposure are well documented, particularly to infants, young children, and pregnant women. Studies have shown that since treated source water is usually lead free, it is often the existing LSLs and lead solder in copper plumbing that are the foremost causes of lead in drinking water delivered to customers.
The fundamental fix for this problem is the replacement of LSLs to homes and other buildings that introduce the contaminant into treated water as it travels to consumers. While there are many new standards and best practices available, they do nothing to address one of the biggest obstacles preventing wide-scale LSL replacement: lack of funding. Without any assistance, the full replacement of LSLs can be an impossible task for many utilities.
The Illinois Environmental Protection Agency has a limited amount of money set aside in the Public Water Supply Loan Program for lead service line replacements.
IEPA Public Water Supply Loan Program
For FY 2020, the IEPA is offering a base interest rate of 2%
Lower interest rates for Small Communities, Hardship Communities, and an Environmental Discount rate for Green Projects
Principal Forgiveness Opportunities for Lead Service Line Replacement (LSLR)
Communities with more than 70% of the State Median Household Income (MHI) qualify for up to $1,000,000 in principal loan forgiveness
Communities with less than 70% of the State Median Household Income (MHI) qualify for up to $2,000,000 in principal loan forgiveness
Principal Forgiveness Opportunities for Public Water Supply (PWS) - Non LSLR Project Elements
Maximum forgiveness of 60% of the total project cost
Longer Loan Terms for Reduced Yearly Payments
30 year loans are eligible for qualifying projects
Qualifications & Experience
Water supply system experts in project planning and IEPA Low Interest Loan documentation
Over $50M in IEPA State Revolving Fund Low Interest Loan funded projects since 2009
Creative ideas on how to best approach your lead service line replacement projects
and other water system improvement projects
We can help with your application process!
Complete the form below and one of our IEPA loan specialists will contact you
or call/email Tom Nagle at 708-210-5690 / TNagle@reltd.com