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Drinking Water Revolving Fund
(DWRF)

908,000,000

in SRF Loan/Grant combo funding for Colorado Communities since 1986

$

In 2023, the Drinking Water Revolving Fund (“DWRF”) received $13,384,000 in capitalization grant funds and $32,600,000 BIL 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 2022-2023 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.

For 2024, the Authority Board of Directors is offering loans of less than $3,000,000 as direct loans, at an interest rate of 3.25% for 20 years and 3.50% for up to 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. There is currently a $30 million dollar cap on funding through the DWRF program.

 

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

DWRF Brochure
DWRF Info
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