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GREEN PROJECT RESERVE (GPR) ADDENDUM
Since 2010, the federal appropriations language has required that, to the extent there are sufficient eligible project applications, a portion of the funds made available to each State for Clean Water State Revolving Fund capitalization grants shall be used by the State for projects to address green infrastructure, water or energy efficiency improvements, or other environmentally innovative activities. The federal guidance calls this portion of funds the “Green Project Reserve” (GPR).
In 2014, Ohio EPA introduced a discount for projects which implement GPR benefits to water quality and the environment. The GPR discount will be available to all four of the categories in the federal guidance for GPR, including: 1) Green Infrastructure, 2) Water Efficiency, 3) Energy Efficiency, and 4) Environmentally Innovative. Please see the federal guidance to see if your project is eligible (see guidance here: http://epa. ohio. gov/defa/ofa. aspx#169658763-wpclfwsrla
In 2017, projects which include a GPR component that is at least 25% of the total project cost will receive a 0.10% discount on the entire loan amount. The discount will be available only to WPCLF eligible construction loans with a 20-year term, and a green component of at least $250,000. Listed below are the four categories of projects that comprise the GPR. Please check the category or categories that are applicable to your project.
Community/Applicant Name: _______________________________________________________________
Project Name: _____________________________________ WPCLF/AIMS#:____________________
(Assigned by Ohio EPA)
Total Est. Project Cost:__________________________ Total Est. GPR Amount:____________________
Completed by:
Name:__________________________________________ Title:__________________________
(Please print)
Signature: _______________________________________ Date:__________________________
Green Infrastructure (G) ………………………………….est. amount:______________
Energy Efficiency (E) ……………………………………..est. amount______________
Water Efficiency (W) ………………………………………est. amount______________
Other Environmentally Innovative Activity (O) …….. est. amount______________
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