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Oklahoma Comprehensive Water Plan

OWRB Loan & Grant Programs

FAP Loans
CWSRF Loans
DWSRF Loans
REAP Grants
Emergency Grants
Drought Grants
TOTAL: 1,939 loans and grants approved for $2,985,340,432
Estimated Savings:
$1,024,956,366

Financing Program Summary Data


Loan Interest Rates

CWSRF Loans
fixed: 60% of AAA market rate plus 70 basis points
DWSRF Loans
fixed: 70% of AAA market rate plus 70 basis points
Revenue Bond Loans
variable: 2.615%
fixed: AA+ market rate
(a 0.5% admin fee is added to all CWSRF and DWSRF loans)

Water and Wastewater Financing

Loan Programs

Interactive Map of Water and Wastewater Financing Projects

Loan Reports

Grant Programs

Grant Reports

News

Passage of State Question 764 in November 2012 allows the OWRB’s Financial Assistance Program to meet much of the state’s projected $82 billion water and wastewater financing need. The new Water Infrastructure Credit Enhancement Reserve Fund, created through a constitutional amendment approved by voters, essentially establishes a $300 million pledge of credit that enables the OWRB to leverage funds in the bond market as water and sewer projects become ready for construction.

Federal Stimulus Funding

2 billion dollar bill


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Page last updated: May 10, 2013

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