The New York State Environmental Facilities Corporation

Transcription

1 The New York State Environmental Facilities Corporation Greening the SRFs 2011 NEIWPCC Nonpoint Source Pollution Conference May 17, 2011 Andrew M. Cuomo, Governor Joseph Martens, Chairman Matthew J. Driscoll, President

2 The Environmental Facilities Corporation Providing Low-cost Financing and Technical Assistance to Municipalities, Businesses, and NY State Agencies for Environmental Projects A Public Benefit Corporation Accountability Transparency $12 billion in assets Clean Water State Revolving Fund (1987 Clean Water Act Amendments) Provides financial assistance for wastewater and water quality infrastructure Drinking Water State Revolving Fund (1996 Safe Drinking Water Act) Provides financial assistance for drinking water infrastructure NYS Environmental Facilities Corporation May 17, 2011

3 How SRF Programs Work NYS Environmental Facilities Corporation May 17, 2011

4 Historic i Funding Levels ppropriat tions ($billion n) A $5.0 $4.5 $4.0 $3.5 $3.0 $2.5 $2.0 $1.5 $1.0 $0.5 $0.0 Clean Water Drinking Water Federal Water Infrastructure Funding Stimulus Funding '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 Federal Fiscal Year NYS Environmental Facilities Corporation May 17, 2011

5 NYS 20 Year Needs Horizon $40 $35 USEPA s CW/DW Surveys New York s Need ($billion) $30 $25 $20 Drinking Water Clean Water $15 $10 $5 $0 1995/ / / /08 Survey Year NYS Environmental Facilities Corporation May 17, 2011

6 Clean and Drinking Water SRFs Clean Water Leveraged rate financing with 50% subsidy for up to 30 years Drinking Water Leveraged rate financing with 33% subsidy for up to 20 years Hardship financing as low as 0% interest for up to 30 years Grants up to $2 million for hardship projects + financing as low as 0% interest est for up to 30 years Subsidy financing determined on priority scoring system, based on water quality and public health Short-term financing for 3 years as low as 0% interest Market Rate Programs (AAA tax free rate) NYS Environmental Facilities Corporation May 17, 2011

7 SRF Intended Use Plan (IUP) The Intended Use Plan (IUP), published on an annual basis, identifies funds available to the SRF and uses of those funds. Effective October 1 st through September 30 th (Federal Fiscal Year) Project Priority Lists of potentially eligible projects Annual List (Projects expecting financing in current year) Multi-Year List (Projects to be financed in future years) Excerpt from 20XX Final CWSRF IUP - Project Category: B Project # Applicant Name Service Area Project Description Est. Amount Additional Above ST SPDES no Score C1-XXX-XX-00 GREAT NECK, VILLAGE OF VILLAGE STP UP $17,200,000 $17,200,000 NY C1-XXX-XX-00 NASSAU COUNTY BAY PARK, SD #2 NPS, STMSEW $430,000 $430,000 NY C6-XXX-XX-00 UTICA, CITY OF PHASE A1 CSO, I/I CORR $2,850,000 $2,850,000 NY C9-XXX-XX-00 TONAWANDA, TOWN OF PARKERS-FRIES INTERCEPTOR COLL, INT $24,310,000 $24,310,000 NY Subsidy Line C6-XXX-XX-00 ONEIDA COUNTY PHASE 1 CSO, I/I CORR $5,300,000 $5,300,000 NY C6-XXX-XX-01 ONEIDA COUNTY PHASE 2A CSO, I/I CORR $20,500,000 $20,500,000 NY NYS Environmental Facilities Corporation May 17, 2011

8 Traditionally Funded Projects

9 SRF Sustainability Initiative Smart Growth well-planned and efficient land use development patterns Green Priorities/Energy Efficiency-i efficient i energy use and green infrastructure Asset Management long-term asset planning NYS Environmental Facilities Corporation May 17, 2011

10 Green Project Reserve 20% of SRF funds must be reserved for projects that protect water quality and fall into one or more of the following project categories: Water Efficiency, Reuse or Conservation: projects that deliver equal or better services with less water Energy Efficiency: projects that reduce energy consumption or produce renewable energy Green Wet Weather Infrastructure: projects that maintain, restore, or mimic natural systems to reduce stormwater runoff by infiltration, evapotranspiration or recycling Environmental Innovation: projects that demonstrate innovative approaches for delivering services or managing water resources in a more sustainable way NYS Environmental Facilities Corporation May 17, 2011

11 Smart Growth Public Infrastructure t Act Relevant Criteria Existing Infrastructure Municipal Centers Intergovernmental Coordination Community-based planning Sustainable Development Green infrastructure Decentralized infrastructure techniques Energy efficiency measures Life-cycle analysis NYS Environmental Facilities Corporation May 17, 2011

12 ARRA Green Project Reserve Categories: C t i Clean Water: Drinking Di Water : Green Infrastructure: $28.2 million N/A Water Efficiency: $2.6 million $2.8 million Energy Efficiency: $108.2 million $25.1 million Environmentally Innovative: $18.7 million $1.6 million TOTAL: $ million $29.5 million Required 20% Match: $86.5 million $17.4 million NYS Environmental Facilities Corporation May 17, 2011

13 Green Innovation Grant Program Highly competitive grant program Uses funding from the US EPA Administered under the CWSRF Objective: Provide seed money for projects which spur green innovation, build green capacity, and facilitate technology transfer throughout the State Eligible projects will improve water quality and demonstrate sustainable wastewater infrastructure Green Roof, Tupper Lake, NY NYS Environmental Facilities Corporation May 17, 2011

14 Energy Efficiency Cayuga County Regional Digester Awarded $6.2 million GIGP ARRA grant Anaerobic digester processes: Local manure Agricultural waste Food waste Environmental Benefits Generate: over 5 million kwh of electricity annually Reduce: nutrient overloading and runoff potential for pathogens to be released into the environment air pollution and uncontrolled emission of greenhouse gas from manure NYS Environmental Facilities Corporation May 17, 2011

15 Energy Efficiency Village of Port Byron WWTP Solar Panels Awarded $131,306 GIGP ARRA grant Installed photovoltaic solar panels Generates clean, renewable electric power NYS Environmental Facilities Corporation May 17, 2011

16 Wet Weather Infrastructure t Brooklyn, NY Pervious Pavement Rome, NY Green Streets Queens, NY

17 Wet Weather Infrastructure Warren County: Lake George Beach Road Highway Porous Pavement Project Awarded $415,000 GIGP2 grant First large-scale pervious asphalt pavement project on heavily traveled highway in the cold climate conditions of the Northeast Help to address water quality decline due to stormwater runoff

18 GIGP Round 2 Funded Projects Saw Mill River, Yonkers, NY

19 Image: Monroe County Green Roofs Monroe County, NY

20 Image: TYLIN Green Roofs Monroe County, NY

21 Image: Melissa Yearick Tioga County SWCD Wetland Restoration in the NY Susquehanna River Basin Tioga, Schuyler, Cortland, Tompkins, and Steuben Counties, NY

22 Images: Lindenhurst Library Porous Pavement Lindenhurst Library - Suffolk County

23 Source: Newsday Porous Pavement Lindenhurst Library - Suffolk County

24 Images: Lehman and Getz Engineering Village Hall Stormwater Retrofit Greenwood Lake, NY

25 Image: Lehman and Getz Engineering Village Hall Stormwater Retrofit Greenwood Lake, NY

26 Images: Lehman and Getz Engineering i Village Hall Stormwater Retrofit Greenwood Lake, NY

27 Image: Lehman and Getz Engineering Village Hall Stormwater Retrofit Greenwood Lake, NY

28 Image: City of Utica Stormwater Trees Utica, NY

29 Image: City of Utica Stormwater Trees Pits Utica, NY

30 Images: City of Rome Pervious Pavement and Tree Inventory North James Street, Rome, NY

31 Challenges to Greening the SRFs Getting green projects on the radar Insufficient funding Bias toward remediation rather than protection Project eligibility 212/319 Public vs. private Decentralized projects NYS Environmental Facilities Corporation May 17, 2011

32 Receive immediate notice of funding opportunities, programs, a nd initiatives SRF Newsletter Sign up to receive EFC s quarterly newsletter Stay Informed Phone (Within NYS) Webcasts Join EFC live to discuss important issues NYS Environmental Facilities Corporation May 17, 2011