Loan Programs


State Revolving Fund Loan Program

The TLDA works within two programs. The first, the State Revolving Fund Loan Program (SRF Loan Program), is operated in affiliation with the Tennessee Department of Environment and Conservation (TDEC). The SRF Loan Program administers Tennessee´s Clean Water State Revolving Fund (CWSRF) Loan Program. An amendment to the Federal Clean Water Act in 1987 created the CWSRF Program in order to provide low-interest loans to cities, counties, and utility districts for the planning, design, and construction of wastewater facilities. The U.S. Environmental Protection Agency awards annual capitalization grants to fund the program, and the State of Tennessee provides a twenty-percent funding match. The SRF Loan Program has awarded CWSRF loans totaling more than $1.25 billion since the creation of Tennessee´s CWSRF Program in 1987. Loan repayments are returned to the program and used to fund future CWSRF loans. The SRF Loan Program also administers Tennessee´s Drinking Water State Revolving Fund (DWSRF) Loan Program. An amendment to the Federal Safe Drinking Water Act in 1996 created the DWSRF Program in order to provide low-interest loans to cities, counties, and utility districts for the planning, design, and construction of drinking water facilities. The U.S. Environmental Protection Agency awards annual capitalization grants to fund the program, and the State of Tennessee provides a twenty-percent funding match. The SRF Loan Program has awarded DWSRF loans totaling close to $202 million since the creation of Tennessee´s DWSRF Program in 1996. Loan repayments are returned to the program and used to fund future DWSRF loans. Both programs combined award more than $80 million annually to Tennessee’s local governments for water and wastewater infrastructure projects.

Click here for contact information for the SRF Loan Program.


State Infrastructure Fund Loan Program

In fiscal year 2010, The Tennessee Local Development Authority received funds in the amount of $2,190,000 for the State Infrastructure Fund Loan Program (SIF Loan Program). The funds were transferred from the Tennessee Department of Transportation (TDOT) to the Authority after the creation of the Tennessee Transportation State Infrastructure Fund Act pursuant to Tennessee Code Annotated 4-31-1201. The State Infrastructure Program provides assistance to Local Government Units in the construction of transportation infrastructure projects that provide public benefits by enhancing mobility or safety, promoting economic development, or increasing the quality of life and general welfare of the public.

For more information of the SIF Loan Program please contact:

Paul D. Degges, P.E.
Deputy Commissioner and Chief Engineer
Tennessee Department of Transportation
Suite 700 James K. Polk Building
505 Deaderick Street
Nashville, Tennessee 37243-0349
615-741-0791 Phone
615-741-0865 Fax
Paul.Degges@tn.gov