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Find similar grantsDrinking Water State Revolving Fund is sponsored by Virginia Resources Authority. This fund provides financial assistance for drinking water projects to local governments in Virginia.
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Drinking Water State Revolving Fund - Virginia Resources AuthorityVirginia Resources Authority Drinking Water State Revolving Fund The Virginia Drinking Water State Revolving Fund (DWSRF) provides financial assistance for drinking water projects to local governments. Since 1998, over $700 million has been invested in projects throughout the Commonwealth.
Eligible projects in the DWSRF include water supply and intake, water treatment and filtration, water storage, and water distribution.
Below-market interest rates (50-100 basis points below market) 20-30 year loan terms (determined by the useful life of the project) No payments during the construction period Interest accrues only on the drawn portion of the loan The Virginia Department of Health (VDH) administers the program and policy aspects of the fund. VDH receives annual federal funding through the U.S. Environmental Protection Agency to support the DWSRF.
Virginia Resources Authority serves as the financial manager of the DWSRF and includes the following responsibilities: underwriting and structuring loans, loan closings, making disbursements to loan recipients, collecting loan repayments, investing uncommitted CWRLF monies, and issuing bonds. Additional information about the DWSRF program can be found on the Virginia Department of Health website.
Applications to the DWSRF program are due by August 7, 2026. Loan Term July 2026 August 2026 20 Year 3. 00% 2.
95% 30 Year 4. 00% 3. 95% Note: Interest rates are set approximately 1-month before loan closing Extensive Upgrades to NRV Regional Water Authority Facilities In 2020, the NRV Regional Water Authority financed an extensive modernization of its water treatment plant through the Drinking Water State Revolving Fund.
Water Transmission Main Replacement, New Pumping Stations, and Emergency Generators for Buchanan County Public Service Authority The Virginia Department of Health offered a funding package of approximately $10 million to Buchanan County Public Service Authority for a transformative water system project.
Construction of New Micro-Filtration Plant in Town of Buchanan Obtaining funding through the Drinking Water State Revolving Fund, the Town of Buchanan built a new micro-filtration plant.
According to the current listing, eligibility includes: Local governments in Virginia. Confirm the full requirements in the official notice before applying.
Drinking Water State Revolving Fund is funded by Virginia Resources Authority. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Virginia. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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