Programs

The Authority has four main financing programs: the Drinking Water Revolving Fund ("DWRF"); the Water Pollution Control Revolving Fund ("WPCRF"); the Small Hydropower Loan Program ("SHLP"); and the Water Revenue Bond Program ("WRBP").  The DWRF and WPCRF make up what is known as the State Revolving Funds.  The Authority partners with the Department of Local Affairs and the Department of Health-Water Quality Control Division to administer these programs.  For more information on the DWRF program, please click here.  For more information on the WPCRF, please click here.

 

The SHLP was designed to assist in the development of hydropower facilities, 10 megawatts or less, up to a 30 year loan term, with a 2.5% rate, for up to $5 million.  Please click here for more information.

 

The WRBP provides funds up to $500 million, without legislative review, to entities for water and wastewater projects not eligible under the above programs.  The Authority subsidizes the costs of the bond issuance for the program.  Please click here for more information.

 

The Authority also administers an Interim Loan Program.  Please click here for more details.