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Environmental Finance Center
Financing Storm water (Watershed) Strategies with a
“Community Quilt”
Environmental Finance Center
When you think about funding sources
for watershed activities, what sources come to mind?
Environmental Finance Center
Usually, we think of public funding programs, like:
State Revolving Loan Fund Section 319 funds TEA-21
Environmental Finance Center
Two “Take-home” messages for Today
There has never been, and will never be, enough public funding to
get the job done.On the other hand, there is plenty of
money available overall, accessed primarily through private sources.
Environmental Finance Center
There is too much financing information available to make sense of it all~you will need a
framework within which to work.
How about a watershed framework?How about a watershed plan?
Environmental Finance Center
Financing a watershed plan involves:
Visioning Prioritizing Planning Cooperation Partnering Leveraging resources MONEY!
Environmental Finance Center
What are the tools to build a watershed financing plan?
Public funding through public programs
Private funding through funding techniques
Environmental Finance Center
First Set of Tools:
Public Funding through
Federal and State programs
Environmental Finance Center
Capital Programs such as: Environmental Quality Incentives
Program (EQIP) Wetlands Reserve Program (WRP) Community Development Block
Grants (CDBG) State Revolving Loan Program (SRF)
Environmental Finance Center
Planning Programs such as: Agricultural Water Quality Cost-
share programs Stewardship Incentive Program
(SIP) Partners for Fish & Wildlife Environmental Justice through
Pollution Prevention (EJP2)
Environmental Finance Center
Education Programs: Environmental Education grants(EPA) Coastal Zone Management Program EJP2
Environmental Finance Center
Funding for Maintenance of a project:
Conservation Reserve Enhancement Program (CREP)
Wildlife Habitat Incentives Program (WHIP)
Woodland Incentive Program (WIP)
Environmental Finance Center
Agricultural BMP programs: State Revolving Fund (SRF) Conservation Reserve Program (CRP) Environmental Quality Incentives
Program (EQIP) Wildlife Habitat Incentives
Program (WHIP) State and Local Efforts
Environmental Finance Center
Urban Storm water Programs: Community Development Block Grants Env. Justice through Pollution
Prevention grants (EJP2) State Revolving Loan Funds (SRF) Sustainable Development Challenge
Grants Local Programs
Environmental Finance Center
Wetlands programs: Partners for Fish & Wildlife (USF&WS) Wetland Reserve Program (USDA) North American Wetlands Conservation
Act Five Star Restoration Program (USEPA) State and Local Mitigation Funds
Environmental Finance Center
Riparian Forest Buffer Programs: Stewardship Incentive Program (NRCS) Forestry Incentives Program (NRCS) Conservation Reserve Program State Forestry Programs
Environmental Finance Center
Second Set of Tools:
Accessing Private Funding through
Financing techniques
Environmental Finance Center
Water and Waste Water Rate Structures
Free up local funds by getting your water and sewer utilities to be self-
supporting
The Business of Managing a Water System Enterprise
Self-Perpetuating/Self-Supporting Entity Total Costs must = Total Charges/Revenues
Operating Costs
Debt ServiceCostsContracts
& Misc.Capital
ImprovementCosts
Reserves
Outside Revenues
Environmental Finance Center
Nutrient Trading Strategies
Moving funding from those who have it to those who need it
Environmental Finance Center
Trading programs seek to achieve environmental goals in the most
cost-effective
manner possible through the use of market forces
Environmental Finance Center
Regulator sets ceiling on amount of pollution allowed for a whole group of polluters within a “bubble”
Permits issued to individual polluters within that bubble for their share of the total amount
Polluters can then buy or sell pollution discharge allocations so that those who can clean up cheaply can do so and then make money by selling spare pollution credits to those for whom cleaning up would be more expensive
Environmental Finance Center
Point/non-point source trading is the bubble concept applied to a watershed.
Through trading, WWTP and industrial
sources (point) have the option of bringing
agricultural and urban sources (non-point)
into compliance rather than imposing
further controls (costs) at point sources
Environmental Finance Center
Agreements tied to Loans
Home buyers and developers get low-interest loans for homes that are:
built within urban growth boundaries, designated growth areas, or areas where infrastructure already exists
have environmentally sensitive features, such as a smaller footprint, more open space/undisturbed land, retention of forest buffers
utilize “green building” techniques, such as locally produced,
recycled materials; energy-efficient appliances; Low Impact Development
Environmental Finance Center
Storm water management utilityWhat is it? An independent government entity which:
Finances services for a specific geographic area
Focuses the costs of enhanced services on the beneficiaries of those
services
Has the power to levy taxes, fees and special assessments
Can issue debt independent of state or county government
Can tap into the higher future value of property as a means of
funding the capital improvements that will create the higher values
(TIF)
Environmental Finance Center
The Community Quilt Concept of Financing a
Watershed Plan
Environmental Finance Center
“Community quilt” concept of financing
Federal, State and Local programs plus Financing techniques such as :
Innovative rate structures Public-private partnerships
Watershed fee districts
Environmental Finance Center
Watershed
a mosaic of public, private and nonprofit land ownership and
land uses.
Environmental Finance Center
A Watershed Financing Plan:
Uses the skills and strengths of stakeholders, in coordination, to realize goals and objectives
Environmental Finance Center
Who are your stakeholders?
Stakeholders include: Citizens, community groups Businesses and Industry Federal, State and Local governments Nonprofit organizations Colleges, Universities, Schools
Environmental Finance Center
How do these different stakeholders contribute to a watershed financing plan?
Citizens, Community Groups
Rain gardens and native species landscaping at home and office
Replacement of impervious surfaces at home and office
Reduction or elimination of pesticide and insecticide use at home and office
Business and Industry
Environmental Audits Partner with other businesses to
reuse waste streams Native species landscaping Tree planting on behalf of employees Promoting car-pooling, environmental
awareness at home and office
Federal, State and Local Governments
Tax credits Agricultural, Suburban, Forestry best
management practices Pollution control technologies In-fill development Brownfields redevelopment Stormwater management techniques
Federal, State and Local Governments Management agreements and
Recognition programs Native species landscaping Car pooling Erosion control efforts
Revolving funds Small business pollution control technologies Septic system repairs Agricultural best management practices
Environmental Finance Center
Creating the Quilt: Identify land owners, land uses and stakeholders within a watershed to create a patchwork of funding opportunities.
Environmental Finance Center
What’s going on in your watershed?
Wetlands? Forest buffers? Agriculture? Residential,
commercial and industrial?
Drinking water needs?
Brownfields? Environmental
justice issues? Economic
development needs? Habitat
opportunities?
Environmental Finance Center
A Holistic approach...
Using a broader collection of terms can broaden the
sources of funding for your watershed plan
Environmental Finance Center
Broad-based sources of funding =
broad-based support for your plan
Environmental Finance Center
Even if one innovative financing idea is not
appropriate for your
community, it may
spark ideas and
discussion about priorities
and needs and other ways of addressing issues.
Environmental Finance Center
We want people to begin to think
“outside the box” on issues related to
finance