State Reports Nearly $119 Million in Financing for Water Infrastructure in June
State Revolving Fund helps communities finance drinking and/or waste-water projects INDIANAPOLIS - The Indiana Finance Authority announced today it has closed approximately $119 million in low-interest financing for the month of June to help the Cities of Brazil, Crown Point, Goshen, Rochester, and Union City to fund drinking and/or waste-water infrastructure projects. By leveraging the SRF program, the communities named today will save an estimated aggregate of $50.2 million in principal and interest costs, compared to open-market financing. SRF program projects must meet the same level of scrutiny as projects directly funded by the federal government. City of Brazil
