Financing GI: Best Practices for CWSRF

Financing Green Infrastructure: A Best Practices Guide for the CWSRF

Use this “best practices guide” to take advantage of the CWRSF’s resources for your program to benefit, whether you’re working on a local scale rain garden or large scale floodplains to reduce stormwater. To prevent communities from shying away from green infrastructure solutions due to hurdles such as unfamiliarity, the EPA offers this easy to read guideline for financing. This report will go over the basics; best practices, how to access said projects, relevant financial incentives, and priorities to be aware of. One of many financing opitons, the CWSRF is a nationwide historically proven instrument for change. The Green Project Reserve is a requirement to invest in green infrastructure; any project mitigating stormwater runoff is eligible. Successful state programs to be emulated include the following. South Carolina hired a ful time marketing expert to plan workshops and meet with stakeholders. Oklahoma created a document to step by step guide users how to take inventory and determine when they need replacing. New Hampshire decided to award 20 of 100 points to GPR projects, using a ranking system to prioritize projects. California is a good example of “Set-asides”. They approved low interest financing to incentivize water recycling projects.