The Michigan Department of Environment, Great Lakes, and Energy is pleased to share that Michigan Saves is now accepting applications for tier two financing through the Septic Replacement Loan Program (SRLP). This program, created in partnership between EGLE and Michigan Saves, provides low-interest financing to Michigan homeowners for the replacement of failing or near-failing septic systems. Tier two of the SRLP is a market-based loan available to help home and rental property owners finance eligible septic system replacements and related costs.
Homeowners can learn more about the program at michigansaves.org/septic.
Installation contractors can learn about the program and how to become a Michigan Saves Authorized septic installation contractor at michigansaves.org/septiccontractors.
For questions about the Program Minimum Standards and how they relate to permitting projects in this program, please contact Anne Mitchell, Program Manager at EGLE: 517-914-4254, EGLE-DWEHD-SRLP@michigan.gov
For any other questions about the program or contractor involvement, please contact Michigan Saves: info@michigansaves.org, 517-484-6474.
Note: Tier one of the SRLP will launch at the end of May 2024 and is not currently available. Tier one offers income-qualified loans based on household size and annual taxable income. Learn more about tier one loans and eligibility at michigansaves.org/septic.