The OPWC provides financing for local public infrastructure improvements through both the State Capital Improvement Program (SCIP) and the Local Transportation Improvement Program (LTIP). SCIP is a grant/loan program for roads, bridges, water supply, wastewater treatment, storm water collection, and solid waste disposal. LTIP is a grant program for roads and bridges only. The programs run concurrently. Program information Link
Chief Financial Officers Page
Annual Report PY 24, 25
Annual Report PY 22, 23
Annual Report PY 20, 21
Loan Assistance/Credit Enhancement Policy Change - The IRS is revising its policy on what state and local governments can do pertaining to grants for interest-related expenses. As a result, this leveraging tool will only apply to interest incurred during the construction period. This will not impact those projects under agreement. Any unreleased PY 28 agreements and all agreements going forward, PY 29 and beyond, will be limited to construction period only interest expenses. We apologize for the inconvenience.