A Statewide Resource for Water and Sewer Financing
The SC Rural Infrastructure Authority (RIA) was created to help communities with financing for qualified infrastructure projects. Infrastructure refers to water and waste water systems as well as storm water drainage and other public facilities.
The RIA offers multiple options for financing critical community infrastructure improvements that will help maintain a safe and healthy environment for residents, support economic development and contribute to a more sustainable future.
Competitive grants are offered to assist in the development of reliable infrastructure statewide and build capacity for economic growth.
Low interest loan financing is also available for infrastructure improvements through the State Revolving Fund (SRF). This program is jointly administered by DHEC and the RIA’s Office of Local Government (OLG). The OLG is responsible for the loan and financial functions of the Drinking Water and Clean Water SRF Programs.
The success of communities is vitally important to our quality of life in South Carolina. One way to build stronger communities is to invest in infrastructure that is capable of supporting homes, schools and businesses. Such investments will help maintain the quality of life for residents and open the door to new opportunities.
• RIA Board of Directors approves grant applications at November meeting. Learn more.
• The Office of Local Government announces the availability of a low 2.1% standard interest rate in the SRF program for FY2018 as well as updated loan policies. Learn more.
• Read the FY2017 annual report recently published by the SC RIA.