What is the Iowa Water Quality Loan Fund? The State Revolving Loan Fund is a new source of low-cost financing available to landowners. This opportunity is available specifically to assist and encourage landowners to address non-point source pollution of Iowa streams and lakes.
The State Revolving Loan Fund:
1. Is ready when you are. Applications are accepted at any time during the year, and turn
around time is quick.
2. Requires no cash up front. Quick loan processing and friendly loan repayment terms let you get your project done now.
3. Gives you significant cost savings. Interest rates are well below other financing sources.
4. Complements other funding sources. If you have a grant or other funding, you can use a loan to provide your share of the project.
Mike Green has pasture, CRP and some row crop in NW Johnson County, Iowa.
Mike installed two grade stabilization structure’s to fix a large erosion issue on his farm. He received cost-share funds from the state, and the remaining he paid using the low-interest loan program.
Without this program, Mike would not have been able to install the structures. He received staff assistance and aid in the application process. He’s already talking to local SWCD staff about his next project!
