Drinking Water Revolving Loan Fund

Improving Water Quality or Preventing Future Problems is the purpose of the Clean Water Revolving Loan FundVirginia Drinking Water State Revolving Fund (DWSRF) provides low interest loans, as well as some grants, for drinking water projects to local governments and privately organized water suppliers.

                  Interest Rates

  March 2024                April 2024

  20 year - 2.60%       20 year - 2.60%

  30 year - 3.60%       30 year - 3.60%

The fund receives U.S. EPA grants and state matching and is permanent and perpetual, similiar to the Virginia Clean Water Revolving Loan Fund

Virginia Department of HealthVirginia Department of Health administers the program, while VRA acts as financial administrator and services the loans.  Since 1998, over $400 million has been funded for critical water projects.

In just the last five years, the fund has been instrumental in connecting 70,000 Virginians to safe, reliable water supplies.

Click this link for additional information and application.  VDH application deadline is May 3, 2024.                

 

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