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Current Interest Rates

Interest Rates

Below are the Interest rates for the State Revolving Fund (SRF), Bipartisan Infrastructure Law (BIL), and Other Authority Programs.

Last change as of December 1, 2023 CWRPDA Board Meeting

Base SRF, < $3 Million 

State Revolving Fund (SRF) Loans Under $3 million - Direct Loans

Direct Loan
Non-Disadvantaged Community

Disadvantaged Community Program click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

Qualified as Disadvantaged Community Category 1

Disadvantaged Community Program click here for more information

  • 2.50%: 20-year loan term
  • 2.75%: 30-year loan term

Qualified as Disadvantaged Community Category 2

Disadvantaged Community Program click here for more information

  • 1.50%: 20-year loan term
  • 1.75%: 30-year loan term

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

Base SRF, > $3 Million 

State Revolving Fund (SRF) Loans Over $3 million - Leveraged Loans

Leveraged Loan Program

  • up to 85% of the Authority's AAA-rated Municipal Bonds

​SRF Large Direct Loans on a case-by-case basis

  • 3.25%:  20-year loan term
  • 3.50%: 30-year loan term​

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

BIL Loan, < $3 Million 

Bipartisan Infrastructure Eligible Loans (BIL) Under $3 million

Direct Loan Non-Disadvantaged Community

Disadvantaged Community Program click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

Lead Line Replacement (LSL) BIL Loan

Bipartisan Infrastructure Law click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

Qualified as Disadvantaged Community Category 1

Disadvantaged Community Program click here for more information

  • 2.50%: 20-year loan term
  • 2.75%: 30-year loan term

Qualified as Disadvantaged Community Category 2

Disadvantaged Community Program click here for more information

  • 1.50%: 20-year loan term
  • 1.75%: 30-year loan term

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

BIL Loan, > $3 Million 

Bipartisan Infrastructure Eligible Loans (BIL) Over $3 million

Direct Loan Non-Disadvantaged Community

Disadvantaged Community Program click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

Lead Line Replacement (LSL) BIL Loan

Bipartisan Infrastructure Law click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

Qualified as Disadvantaged Communities 1 & 2

Disadvantaged Community Program click here for more information

  • 3.25%: 20-year loan term
  • 3.50%: 30-year loan term

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

Other Authority Programs 

For more information on Other Authority Loan Programs please contact us at: info@cwrpda.com

Other Authority Loan Programs Outside of SRF and BIL

Small Hydropower Loan Program (10mw or less)

Small Hydropower Loan Program click here for more information

  • 2.00%: 20-year loan term
  • 2.25%:  30-year loan term

Water Revenue Bond Program (Large loans outside of SRF)

Water Revenue Bond Program click here for more information

Municipal Bond market Interest rate
  • 300,000 for Cost of Issuance 15% match
  • 500,000 for Cost of Issuance (if eligible) 15% match

Forest Health and Fire Mitigation Loan Program

Forest Health and Fire Mitigation Program click here for more information

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

SRF GPR Loan 

Reduced interest rates are only for the first $3 million of your WPCRF GPR loan. If loan request is more than $3 million the prevailing Interest rate applies to loan request above $3 million.

WPCRF Loans Only Green Project Reserve (GPR) Loans - more info

**GPR Qualified loan first $3 million dollars of loan request

Green Project Loan Program click here for more information

  • 15% of Project cost is determined to be Green 
  • 2.75%: up to 30-year loan term

**GPR Qualified loan first $3 million dollars of loan request

Green Project Loan Program click here for more information

  • 20% of Project cost is determined to be Green 
  • 1.75%: up to 30-year loan term

*All interest rates are approved by the Authority's Board of Directors and are subject to change anytime throughout the year at the Authority Board's discretion.

** The percentage of Project cost that qualifies an entity is determined by the State Revolving Fund (SRF) Project Manager and WQCD Engineering unit.

*** If determined Green only the first $3 million of your loan request can have a reduced interest rate. For more information click here.