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CWSRF |
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For example, she says, the first phase of the CSO program in place at Narragansett Bay, Rhode Island, will cost $250 million, which could use up all of Rhode Island's annual portion of the CWSRF. CWSRF capitalization grants are typically deposited into a reserve fund, which is available to cure loan defaults from the statewide pool of municipal borrowers. The combined CWSRF and DWSRF loan pool comprises approximately 230 borrowers that benefit from the low-cost capital available for system improvements. |
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