Stormwater Retention Credit Pathways to Success

The Stormwater Retention Credit Pathways to Success Program (SRC Pathways) helps small, local businesses build foundations for long-term success as SRC Aggregators in the District's SRC trading market. Through SRC Pathways, participants will have access to funding and resources to build voluntary green infrastructure (GI) projects to generate and sell SRCs over several years.

Eligibility

This program is available to support small, local businesses in becoming successful SRC Aggregators.

How it Works

Over approximately three years, SRC Pathways participants will receive funding and mentorship to establish connections with property owners, identify potential project sites, and ultimately design and build two voluntary, High-Impact SRC-generating GI projects in the District’s Municipal Separate Storm Sewer System (MS4). DOEE has partnered with the Center for Watershed Protection (CWP) to help administer this program and coordinate with participants.

Program Components

See program descriptions below for summaries of funding available and key project steps.

SRC Aggregator Startup Grant

Purpose: Identify potential GI locations, partner with property owners and key stakeholders, and develop at least two feasible GI concept designs.
Funding: Up to $75,000
Duration: 18 months

SRC Access to Capital Grant

Purpose: Design, permit, and build up to two SRC-generating GI projects in the District’s MS4.
Funding: Up to $180,000 for Project 1 and up to $90,000 for Project 2. Funding will become available as participants complete key project steps.
Duration: 24 months

SRC Price Lock Program

Purpose: Guarantee that SRC Aggregators will be able to sell SRCs, either to regulated developers on the open trading market or to DOEE at guaranteed fixed prices.
Funding: Price Lock does not provide funding to design, permit, or build GI.
Duration: Varies according to the terms of the SRC Price Lock agreement.

Mentorship

Purpose: Learn about GI project development, understand SRC Aggregator best practices, and receive feedback on business plans from an experienced SRC Aggregator. Participants will work with program partners to set agendas. Attendance at a minimum number of sessions will be required.
Funding: None
Duration: Length of program participation (3-4 years)

How to Apply

Applications to SRC Pathways can be submitted through DOEE’s Surface and Groundwater System starting on May 19, 2025. DOEE and CWP will begin reviewing applications on June 18, 2025, and will award grants on a rolling basis while funds are available.

SRC Pathways Email Updates

If you wish to start receiving updates about SRC Pathways, please email [email protected] and include “Opt-in” in the subject line.

SRC Pathways Information Sessions

DOEE will virtually host two optional information sessions about the SRC Pathways Program: