Water Infrastructure Loans
Project Details by Fiscal Year
2020 Fiscal Year Funding Amount
$0
Fund Source
Environment & Natural Resources Trust Fund
Recipient
Public Facilities Authority
Recipient Type
State Government
Status
In Progress
Start Date
July 2019
End Date
June 2022
Counties Affected
Statewide
Project Overview
n/a
Project Details
Competitive Grant Making Body
Project Details: 2020 Fiscal Year
Legal Citation / Subdivision
M.L. 2019, First Special Session, Chp. 4, Art. 2, Sec. 2, Subd. 11a
Appropriation Language
Up to $5,000,000 of the money in the trust fund is available to the State Board of Investment to invest in loans through the Public Facilities Authority's clean water revolving fund under Minnesota Statutes, section 446A.07. Notwithstanding Minnesota Statutes, section 446A.07, repayments of principal and interest and any investment income must be credited to the trust fund and are available for reinvestment in the clean water revolving fund.
2020 Fiscal Year Funding Amount
$0
Other Funds Leveraged
$0
Proposed Measurable Outcome(s)
n/a
Measurable Outcome(s)
n/a
Project Manager
First Name
Jeff
Last Name
Freeman
Organization Name
Public Facilities Authority
Street Address
322 Minnesota St, Ste W820
City
St. Paul
State
MN
Zip Code
55101
Phone
(651) 259-7465
Email
jeff.freeman@state.mn.us
Administered By