New Small Hydropower Loan Program Parameters

The Colorado Water Resources and Power Development Authority has approved new Small Hydropower Loan Program parameters. Below is a list of the new parameters

  • 30 year loan terms
  • Up to $5 million loan amounts
  • 2% interest rates
  • up to 10 MW project amounts (with FERC exemption)

Notice Regarding SEC Municipal Advisor Rule

NOTICE REGARDING SEC MUNICIPAL ADVISOR RULE

By publicly posting the following written disclosure, the Colorado Water Resources and Power Development Authority intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule.

The Colorado Water Resources and Power Development Authority  has retained an independent registered municipal advisor.   The Colorado Water Resources and Power Development Authority is represented by and will rely on its municipal advisor Jefferies LLC (Guy Nagahama) to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products (including investments of bond proceeds and escrow investments).  This certificate may be relied upon until December 31, 2018.  Proposals may be addressed to the Colorado Water Resources and Power Development Authority at 1580 Logan Street, Suite 620, Denver CO  80203.

Board Meetings

 

The next Authority Board meeting is scheduled for 9:00 a.m. on Wednesday, March 2, 2018.

Click here for the Meeting Notice and here for the Tentative Agenda.

Click here for the electronic Board Member materials.

Click here for the Board Program Work Session Agenda and here for the Board Program Work Session materials.

Click here for past electronic Board Member materials.

Future Board Meetings

Date

Time

Location

 

   
     

March 2, 2018

9:00 am
Colorado Water and Power Authority
1580 Logan St.
Suite 610
Denver, CO 80203
April 20, 2018 9:00 am
Colorado Water and Power Authority
1580 Logan St.
Suite 610
Denver, CO 80203
June 1, 2018 9:00 am
Colorado Water and Power Authority
1580 Logan St.
Suite 610
Denver, CO 80203
October 5, 2018 9:00 am
Colorado Water and Power Authority
1580 Logan St.
Suite 610
Denver, CO 80203

 

 

 

Planning, Design and Engineering Grants

 

Planning grants

The intent of the planning grant is to assist DWRF applicants with costs associated with complying with program requirements such as project needs assessment, technical, managerial and financial reviews, environmental assessments, energy audits, and the legal and accounting fees that may be associated with the formation of a governmental entity. Both governmental agencies and private nonprofit public water systems are eligible to apply for and receive planning grants. 

Planning grants are only intended to assist entities that expect to come through the SRF program for loan funding.  One planning grant in the amount of up to $10,000 may be awarded per entity; per project.  The following criteria will be used to determine eligibility for a planning grant. 

  • Up to $10,000 per project
  • Eligible projects:
    • Qualify as a Disadvantaged Community
    • On Eligibility list or being added
    • Planning grant invoices will be paid at no more than an 80:20 ratio to meet the 20% match requirement.
    • Planning grant terms will be for no more than one year unless otherwise approved by the authority board or executive director.
  • Requires completed prequalification form and pre-application meeting
 
 
Design and Engineer grants
 
The authority board has approved the use of additional subsidy for FFY18 to subsidize design/engineering activities on an individual project basis. The amount for design/engineering grants was set by the authority board in an amount not to exceed $300,000.  Private nonprofit public water systems are not currently eligible for design/engineering grants.  The following criteria will be used to determine eligibility of a 
design/engineering grant: 
  • Up to $300,000
  • Eligible projects:
    • Project has submitted a project needs assessment that includes the technical, managerial and financial (TMF) capacity, and an environmental determination for the project.
    • On Eligibility list or being added
    • Project is a governmental entity (per authority board action 8/20/2015)
    • Qualify as a Disadvantaged Community
    • Design grant invoices will be paid at no more than an 80:20 ratio to meet the 20% match requirement
    • The 20% match requirement may be reimbursed upon execution of the SRF loan
    • Grant size based on project type and expense