The Small Reclamation Projects Loan Program A Development Tool For The 90'sby Loretta C. Lohman, Lohman & Associates, Littleton, United States,
Document Type: Proceeding Paper
Part of: Water Policy and Management: Solving the Problems
The Small Reclamation Projects Act (SRPA), Public Law 84-984, was passed in 1956 to encourage state and local participation in the development of projects under Federal Reclamation Law through the use of loans at or near Treasury rates. Amended in 1986, with new guidelines being designed, the SRPA can provide an economical tool for developing and improving water supplies while at the same time providing incentives and funds to address a myriad of environmental and social issue, including Native American rights. Early emphasis of the Act was on the rehabilitation and betterment of existing projects. Congress was looking for a tool to assist small irrigators meet the increasing needs for maintenance and improvements in a manner compatible with sound economic policy. With the Amendments of 1986 the Act's purposes were expanded to include water and energy conservation, environmental enhancement, and water quality control. Since then those additional provisions have been expanded in a way that makes SRPA loans a unique financing and planning tool in contemporary water resource development.
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