Infrastructure State Revolving Fund (ISRF) Program
Title:  

Infrastructure State Revolving Fund (ISRF) Program

Agency:  

California Grants

State:  

California

NAICS Code:  

237110

Industry:  

Construction

Solicitation Type:  

Grants Notice

Solicitation ID:  

2001

Open Date:  

6/28/2024

Close Date:  

TBD

Project Duration:  

Up to 30 years

Last Updated:  

7/5/2025

Description:
The Infrastructure State Revolving Fund (ISRF) Program provides low-cost, direct loans to local governments and nonprofits sponsored by public agencies for a wide variety of public infrastructure and economic expansion projects. Eligible projects include, but are not limited to, city streets, county highways, state highways, drainage, water supply and flood control, educational facilities, environmental mitigation measures, and more. The loan terms can be up to 30 years, and the loan amounts range from $1 million to $65 million. The program operates on a first-come, first-served basis, and applications are accepted continuously. • Eligible applicants include public agencies, non-profit corporations, and special districts. • Eligible geographies include California. • Eligible costs for financing include construction, renovation, acquisition of lands, and more. • The funding source is other, and the funding method is reimbursement. • The total estimated available funding is $100,000,000, and the expected number of awards is dependent. Some key benefits of the program include saving time with a preliminary review process, submitting applications at any time of the year, receiving low, competitive, fixed-interest rates, and getting transparency every step of the way.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

infrastructureloans@ibank.ca.gov

(916) 341-6600

Budget Estimate (AI):

$1,000,000 – $65,000,000

The budget amount for this opportunity can range from $1 million to $65 million, as specified in the document. The estimated total available funding is $100,000,000, and the expected number of awards is dependent. The budget amount will depend on the specific project and the loan terms.

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