Virginia 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
May 2023 June 2023
20 year - 2.45% 20 year - 2.55%
30 year - 3.45% 30 year - 3.50%
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 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.
Made in the U.S.A.