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All loan applications are presented to the CWRPDA Board of Directors for approval. Applicants should coordinate with their WQCD project manager, CWRPDA, or DOLA to determine the appropriate application deadline to ensure timely Board action.

- Direct Loans (Less than $3 millionDirect Loan applications are accepted at seven deadlines throughout the year. It is expected to take approximately 6 months from application to execution of the loan (If approved). 

- Leveraged Loans (More than $3 million) Loans that are over $3 million are connected to a Bond issuance and are considered “Leveraged Loans”. Leveraged Loans have two sales a year one in the spring and one in the fall.

Please follow the directions below to identify the loan application date for your project and the estimated loan closing date.

First click below if your estimated loan amount is under or over $3 million

Second click the available loan application deadline to get the estimated financing schedule below

Loan Applications

Is your project above or

below $3 million?

Projects above $3 million currently have two loan application deadlines, January 5th and June 5th

Estimated Financing Schedule

Applicable Loan Application

Deadlines under and over $3 million

 
January 5th Loan Application
 


March Authority Board Meeting 
 

Estimated
May - July

Loan closing*
If approved. 2-4 months closing

*These are estimated closing dates for initial planning purposes only.  Loan closing dates may be adjusted depending on the community’s time frame and negotiation of the loan.

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