Drinking Water Revolving Fund ("DWRF")

In 2022, the Drinking Water Revolving Fund (“DWRF”) received $21,735,000 in capitalization grant funds from the Environmental Protection Agency.

In order to receive a loan through the DWRF, you must first make sure that your project is on the 2021-2022 DWRF Eligibility List. If your project isn’t on the list, your community can apply to get on the list by filling out the Eligibility Survey below.

  Program Documents:

• Loan and Grant Application Deadlines

• Disadvantaged Communities Program

• Planning, Design and Engineering Grants 

• Loan Application

• Sample Loan Agreement

• TMF Capacity

For 2022, the Authority Board of Directors is offering loans of less than $3,000,000 as direct loans, at an interest rate of 2.50% for 20 years and 2.75% for 30 years, or less if your community qualifies as disadvantaged. Loans may also receive a reduced interest rate if the project qualifies as “Green” and if the “Green” requirement has not been met by the Authority.

Loans of over $3,000,000 are usually leveraged loans, which require the issuance of municipal bonds. These loans will have subsidized interest rates at 80% of current market rates.

Click here to download the DWRF Brochure