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Programs

The Authority has four primary 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 Bonds 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.

The SHLP was designed to assist in the development of hydropower facilities, 10 megawatts or less.  

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.