Officials with the Iowa Finance Authority and Iowa Dept. of Natural Resources have announced 22 Iowa cities will benefit from a combined total of more than $27.2-million in low-cost water quality loans, through the State Revolving Fund (SRF). SRF’s are a low-cost financing option available for Iowa cities and municipalities for water quality initiatives. Planning and Design Loans are zero-percent loans that assist with the first-phase of project expenses.

In the KJAN listening area, the City of Massena received a $230,000 Clean Water Construction (CWC) project loan from the SRF, and the Lenox Municipal Utilities received a $452,000 loan for a Drinking Water Construction (DWC) project. Elsewhere, Kiron, in Crawford County, received a CWC loan $1.478-million, and the City of Halbur, in Carroll County, received a $506,000 CWC loan from the State.