epay the grant with interest if they do not proceed to construction using loan assistance from either the SRF or SWQIF. (The SWQIF is a state low-interest loan program that allows qualified municipalities to obtain financing for water pollution control facilities that do not qualify for SRF assistance). More information on Michigan's SRF and SWQIF programs can be found at http://www.deq.state.mi.us/documents/deq-ess-mfs-cw-ar06.pdf.
In addition to the attached documents, more information on state conservation funding programs is available at http://www.biodiversitypartners.org/policy/Funding_Mechanism.pdf. We also are attaching OLR Report 2005-R-0820, which describes state funding mechanisms used to acquire watershed land.