Drinking Water Revolving Fund
In 2019, the Drinking Water Revolving Fund (“DWRF”) received $21,741,000 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 2019-2020 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 2019, the Authority Board of Directors is offering loans of less than $3,000,000 as direct loans at an interest rate of 2.5% or less if your community qualifies as disadvantaged. Loans may also receive a reduced interest rate if the project qualifies as “Green” and the “Green” requirement has not been met by the Authority. Loans of over $3,000,000 are leveraged loans which will require the issuance of municipal bonds. These loans will have subsidized interest rates at 70% of market rates.