Loan funding for wastewater, green infrastructure, Non-Point Source implementation, floodplain, and stormwater infrastructure projects eligible under the Clean Water Act or the refinance of existing debt for these purposes.
Below market interest rate
Approximately 60% of AAA market rate with 40% savings through interest subsidy
Variety of term options
No cash reserve requirement
No interest charged on unused loan portion
Ability to de-obligate excess funds prior to final repayment structuring
Variety of repayment structure options
Additional Project Considerations
Automatic Meter Readers • Water Reuse & Conservation • Dam Rehabilitation • Land Acquisitions Necessary for Treatment • Vehicle & Equipment Purchase Necessary for the Eligible Capital Project • And Many More!
Loan funding for drinking water treatment, transmission or storage projects eligible under the Safe Drinking Water Act or the refinance of existing debt for these purposes.
Below market interest rate
Approximately 70% of AAA market rate with 30% savings through interest subsidy
Variety of term options
No cash reserve requirement
No interest charged on unused loan portion
Ability to de-obligate excess funds prior to final repayment structuring
Variety of repayment structure options
Additional Project Considerations
Regionalization/Consolidation of Systems • Disinfection Byproduct Treatment & Collection • Pretreatment • And Many More!
Loan funding for projects related to water and wastewater system needs or for the refinance of existing debt for these purposes.
Low interest rate
Based on OWRB's AAA credit rating
Variety of term options
State funded program with no federal requirements
Ability to fund water and wastewater projects in one loan transaction
Additional Project Considerations
Engineering/Technical Planning/Design • Land Purchase for Water and Wastewater Systems • Land Purchase for Source Water Protection • Dredging Water Supply Reservoirs • Water Rights Acquisition • Automatic Meter Readers • And Many More!
Grant funding for projects related to water and wastewater systems. Point-based program designed to assist smaller communities that lack sufficient fiscal capacity.
7,000 or less in population
$150,000 maximum per project per applicant
No match requirement
Higher Priority Given To
Entities with a population less than 1,750 • RWD with less than 525 non pasture taps • School districts with less than 525 students • Highest point total on a scale of 40-115
Funding Cycle
Closed. Applications must be received by 5:00 PM on the first business day of September.
Grant funding for projects related to water and wastewater systems. Point-based ranking program designed to assist in emergency situations – defined as a life, health, or property threatening situation.
Applicant cannot reasonably finance project without assistance from the OWRB
$100,000 maximum per project per applicant
15% local contribution required
Higher Priority Given To
Nature of emergency • Highest point total on a scale of 60-120
Funding Cycle
Open, as funds are available. Applications are accepted throughout the year.