Georgia communities can now take advantage of record low interest rates for new water and wastewater infrastructure, which includes water supply and water conservation projects. The Georgia Environmental Finance Authority (GEFA) reduced the interest rates for its loan programs. Effective immediately, the Georgia Fund and the Reservoir and Water Supply Fund (Governor’s Water Supply Program) interest rates are 2.82 percent. The Clean Water State Revolving Fund (SRF) and Drinking Water SRF interest rates are 1.82 percent. Projects that conserve water receive an additional 1 percent reduction. The interest rate for land conservation projects is 1.32 percent.

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