Federal grants to Indiana Finance Authority
Indiana Finance Authority in Indianapolis, Indiana received $892 million in federal grants from fiscal 2021 to 2025, across 51 awards. Its largest program was Drinking Water State Revolving Fund, with $447 million. In fiscal 2025 it was awarded $209 million.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$892 million
- Awards51
- Awarded in FY 2025$209 million
- Largest award$69.5 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 7 | $57.2 million |
| FY 2022 | 10 | $119 million |
| FY 2023 | 14 | $208 million |
| FY 2024 | 15 | $299 million |
| FY 2025 | 13 | $209 million |
Programs that fund Indiana Finance Authority
| Program | Awards | Amount |
|---|---|---|
| Drinking Water State Revolving Fund | 18 | $447 million |
| Clean Water State Revolving Fund | 12 | $362 million |
| Water Infrastructure Improvements for the Nation Small and Underserved Communities Emerging Contaminants Grant Program | 4 | $54.0 million |
| Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements | 2 | $10.6 million |
| State and Tribal Response Program Grants | 7 | $8.1 million |
| Sewer Overflow and Stormwater Reuse Municipal Grant Program | 3 | $6.1 million |
| Voluntary School and Child Care Lead Testing and Reduction Grant Program (SDWA 1464(d)) | 3 | $2.9 million |
| Reducing Lead in Drinking Water (SDWA 1459B) | 1 | $543,928 |
| Multipurpose Grants to States and Tribes | 1 | $47,975 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Environmental Protection Agency | 51 | $892 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Description: this agreement provides a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), for the recipient's drinking water state revolving fund (DWSRF) program. Funds will be used for dwsrf-eligible lead service line replacement projects and associated ac | Drinking Water State Revolving Fund | September 1, 2024 | $69.5 million |
| Description: this agreement provides funding to Indiana finance authority. Safe drinking water act (SDWA): section 1452 and infrastructure investment and jobs act (IIJA) pl 117-58 authorizes the state to utilize funds to further the health protection objectives of sdwa. This agreement will provide fu | Drinking Water State Revolving Fund | November 13, 2023 | $65.2 million |
| Description: this agreement funds a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), for the recipient's clean water state revolving fund (CWSRF) program. Activities: the recipients of these funds provide low interest financing to numerous subrecipients. S | Clean Water State Revolving Fund | July 23, 2025 | $59.4 million |
| Description: this agreement funds a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), for the recipient's clean water state revolving fund program.activities: the recipient of these funds provide low interest financing to numerous subrecipients.subrecipient | Clean Water State Revolving Fund | September 1, 2024 | $54.8 million |
| Description: the purpose of this agreement is for a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), which provides funds for the recipient's clean water state revolving fund (CWSRF) program. Activities: the activities are to provide low interest financing | Clean Water State Revolving Fund | September 29, 2023 | $50.2 million |
| Description: section 1452 of the safe drinking water act (SDWA) authorizes the state to utilize funds to further the health protection objectives of sdwa. This agreement will provide funds to capitalize the recipient's dwsrf with an emphasis on lead service line replacement and associated activities | Drinking Water State Revolving Fund | January 19, 2023 | $43.3 million |
| Description: the purpose of this agreement is for a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), which provides funds for the recipient's clean water state revolving fund (CWSRF) program. Activities: the activities are to provide low interest financing | Clean Water State Revolving Fund | September 22, 2022 | $42.9 million |
| Description: this agreement provides a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), for the recipient's drinking water state revolving fund (DWSRF) program. The award furthers the public health protection objectives of the safe drinking water act (sdw | Drinking Water State Revolving Fund | July 23, 2025 | $42.7 million |
| Description: this agreement provides a capitalization grant, funded by the infrastructure investment and jobs act (IIJA) (pl 117-58), for the recipient's drinking water state revolving fund (DWSRF) program. The award furthers the public health protection objectives of the safe drinking water act (sdw | Drinking Water State Revolving Fund | September 2, 2024 | $39.4 million |
| This agreement is for a capitalization grant which provides funds for the recipients clean water state revolving fund (CWSRF) program to provide low interest financing to recipients for costs associated with the planning, design, and construction of eligible water quality improvement and protection | Clean Water State Revolving Fund | July 8, 2021 | $38.3 million |
Questions people ask
How much federal grant money does Indiana Finance Authority get?
$892 million in 51 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Indiana Finance Authority the most?
The Environmental Protection Agency, with $892 million in 51 awards.
What is Indiana Finance Authority's largest federal grant?
$69.5 million under Drinking Water State Revolving Fund, with its first action in the period on September 1, 2024. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Indiana Finance Authority?
Its largest are Drinking Water State Revolving Fund, Clean Water State Revolving Fund and Water Infrastructure Improvements for the Nation Small and Underserved Communities Emerging Contaminants Grant Program.
Other grant recipients in Indianapolis
- Indiana Family and Social Serv
- Department of Education Indiana
- Indiana Department of Transportation
- Department of Child Services
- Indiana Department of Health
- State of Indiana
- Trustees of Indiana University
- Indiana Housing and Community Development Authority
Largest federal grant recipients in Indiana · Federal grants in Indiana