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We are happy to announce we have a new Team member!

Giorgi Gazashvili joined our Finance Team as a Financial Analyst I on January 17th, 2023. We are happy to have him on our team and know he will be a great addition.


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Welcome to the Colorado Water Resources and Power Development Authority! 

We are a quasi-governmental agency that provides state and federal funding in the form of loans and grants to Colorado governmental agencies to finance water, wastewater, hydropower, and forest health infrastructure projects.

Tap water plant

Drinking Water Revolving Fund (DWRF) helps finance clean drinking water projects for the State of Colorado with loans and grants.

Sewage Filtration

Water Pollution Control Revolving Fund (WPCRF) helps finance clean water and wastewater projects with loans and grants.

Generator Project Picture 1

Small Hydropower Loan Program (SHLP) helps finance hydropower projects below 10MWs with low-interest loans and helps determine the viability of projects with feasibility grants.

Water Revenue Bond Program (WRBP) helps finance large water projects such as water and wastewater treatment plants, dams/reservoirs, and water rights with municipal bonds and a cost of issuance subsidy.

Stacked Pipes

The Bipartisan Infrastructure Law (BIL) provides the state of Colorado with a combo of grant and loan funds to address lead, PFAS, water, and wastewater infrastructure. 

Green Forest

Forest Health, Fire Mitigation and Recovery Loan Program that can help finance forest health, fire mitigation, and fire recovery projects for municipalities in Colorado.


The Colorado Water Authority provides below market interest rates and subsidized municipal bond issuances.

Colorado Water Resources and Power Development Authority Logo

The Colorado Water Authority's Governor Appointed Board meets 7 times a year.

Interested in learning more or getting started in the process. Contact us or click above to get started.

There are 7 loan application deadlines a year, but applications can be submitted at any time.

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Disadvantaged Communities (DACs) are communities that meet our base program criteria. DACs are eligible for reduced interest rates and grant/loan combo.


Our staff is here to help and provide assistance and guidance on your water and wastewater infrastructure project financing.

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