Since its creation by the General Assembly in 1981, the Authority has evolved into a major financing resource for water and wastewater utilities throughout Colorado. In the 1980’s, the Authority was involved with many water project and basin-wide studies, the satellite stream monitoring system, the financing of the Stagecoach Reservoir Project and negotiations involving the Animas-La Plata Project. Starting in 1989, the Authority began focusing on financing activities with the first bond issue for the Water Pollution Control Revolving Fund. In 1990 the Authority completed its first “pooled” financing for the Small Water Resources Projects Program. In 1997, the Authority completed its first financing for the Drinking Water Revolving Fund.
The Authority is governed by a nine-member Board of Directors appointed to four-year terms by the Governor and confirmed by the Senate. The Board members are chosen geographically from the eight major drainage basins around the state and from the City and County of Denver.
The Authority may fund all types of water and wastewater facilities including treatment plants, pump stations, etc., water storage projects, stormwater facilities and non-point source pollution control projects. With statutory changes adopted in 2003, the Authority may fund loans of up to $500 million per borrower per project.
Please browse our website to get information on the various funding programs, reports, Board members, Staff directory and the latest Authority news.
For a copy of the Authority's State Statute click here.