Vermont’s Water and WasteWater financing programs have changed:
https://dec.vermont.gov/facilities-engineering/water-financing

The CW and DW SRF programs both need to annually write an intended use plan (IUP) in order to obtain the “cap grant” from USEPA for the funding used for the programs. An integral part of the IUP is the Priority List (PList), which is a list of the projects that have requested funding that year and are prioritized according to the priority system for the program. To obtain funding for certain CWSRF final design activities and all construction activities, a project must either be included on the priority list, or be accepted as an “emergency” project, and meet readiness to proceed criteria.

A project must either be included on the priority list, or be accepted as an “emergency” project, and meet readiness to proceed criteria.
https://dec.vermont.gov/facilities-engineering/water-financing/srf/prioritylist