Infrastructure (ISRF Program) Loans

The Infrastructure State Revolving Fund (ISRF) Program is authorized to directly provide low-cost public financing to state and local government entities.

ISRF financing is available in amounts ranging from $1 million to $65 million with loan terms for the useful life of the project up to a maximum of 30 years.

A few examples of ISRF financed projects include water and wastewater treatment plant upgrades or construction, venue or airport construction or street repair and upgrades.

Eligible applicants must be located in California and include any subdivision of a local government, including cities, counties, special districts, assessment districts, joint powers authorities and nonprofit organizations sponsored by a government entity.

Please note, while ISRF financing is available for many types of projects, housing is not allowed per our legislative statute.

Low-cost public financing for state and local government entities with the ISRF Program

24,757

Jobs that have been created through infrastructure loan projects throughout California

$1 billion

Total infrastructure loans closed

$86.3 million

Total infrastructure loans closed in FY 22-23

View our most recent loan financing

The Infrastructure State Revolving Fund (ISRF) has helped finance projects that are vital to communities throughout the state of California including wastewater treatment plant construction and upgrades, city and county street and highway improvements, educational and cultural facilities and so much more. ISRF financing has made a positive impact throughout the state with these and many other projects.

View our most recent loan financing

We’d like to recognize and spotlight these amazing companies who have benefited from the loan financing program. Pellentesque tempor, orci non fringilla consectetur, orci lacus feugiat sapien.

Frequently Asked Questions and Fact Sheet

Infrastructure State Revolving Fund Program (ISRF)

Q: What kind of interest rates are charged for ISRF financing?

A: IBank uses a proprietary interest rate method to ensure borrowers have the best chance to receive below-market interest rates.

Q: What are subsidies based on?

A: Eligible subsidies are based on the unemployment rate and the median household income.

Q: Can housing be financed through the ISRF program?

A: No, while ISRF financing is available for many types of projects, housing is not allowed per our legislative statute. However, housing-related infrastructure on publicly owned land is eligible.

Q: What are the ISRF application periods for each year?

A: ISRF applications are continuously accepted.

Q: Is technical assistance offered for the ISRF application process?

A: Yes, IBank not only offers technical support for the application process, but legal assistance and loan officers throughout the application and approval process.

Q: Is there a matching fund requirement?

A: No, there is not a matching fund requirement, and ISRF financing may serve as matching funds for other financing.

Click the image below for a fact sheet

Loans Fact Sheet

Contact the IBank Infrastructure Loan Team

For small businesses looking for loans, please check out the California Office of the Small Business Advocate.

ISRF Program Manager: Lina Moeller

E-mail us, HERE 

Office: 1325 J Street, Suite 1300, Sacramento, CA 95814

Mailing: P.O. Box 2830, Sacramento, CA 95812-2830

Contact the IBank Infrastructure Loan Team

For small businesses looking for loans, please check out the California Office of the Small Business Advocate.

ISRF Program Manager: Lina Moeller

E-mail us, HERE

Telephone: (916) 341-6600

Office: 1325 J Street, Suite 1300, Sacramento, CA 95814

Mailing: P.O. Box 2830, Sacramento, CA 95812-2830