Infrastructure State Revolving Fund (ISRF) Program

The Infrastructure State Revolving Fund (ISRF) provides low‑cost, fixed‑interest loans to California public agencies and non‑profits for a broad range of public‑infrastructure projects (excluding housing). Loans range from $1 million to $65 million, with terms up to 30 years, and are available on a continuous, first‑come‑first‑served basis. Applicants include cities, counties, special districts, joint powers authorities, and eligible non‑profits. Eligible projects span water and wastewater treatment, streets, highways, drainage, flood control, public transit, ports, power and communications facilities, parks, solid‑waste collection, and more. Funding is repaid from enterprise revenues, general funds, assessments, or special taxes. No matching funds or letters of intent are required, and the program does not limit the number of awards. • Loan amounts: $1 M–$65 M • Terms: up to 30 years, fixed AAA‑rated interest • Continuous application window, first‑come‑first‑served • Eligible to California public agencies & qualifying nonprofits • Broad infrastructure scope (water, transportation, energy, waste, public safety, etc.) • No competition scoring, no matching‑fund requirement.