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Find similar grantsLocal Economic Development Loan Program is sponsored by Ohio Water Development Authority (OWDA). Provides financial assistance for water and sewer projects for industries making significant investments in Ohio and creating new jobs.
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Local Economic Development Loan Program Ohio Water Development Authority - Serving Ohio Since 1968 Construction/Planning Loans Local Economic Development Loans USDA-RD Loan Advance Program Research & Development Grants Disbursements and Change Orders Audited Financial Statements Continuing Disclosure Documents Investor Presentation - WPCLF Investor Presentation - DWAF Investor Presentation - Fresh Water Investor Presentation - Fresh Water Revolving Fund Investor Presentation - Community Assistance Construction/Planning Loans Local Economic Development Loans USDA-RD Loan Advance Program Research & Development Grants Disbursements and Change Orders Audited Financial Statements Continuing Disclosure Documents Investor Presentation - WPCLF Investor Presentation - DWAF Investor Presentation - Fresh Water Investor Presentation - Fresh Water Revolving Fund Investor Presentation - Community Assistance Local Economic Development Loan Program Information and Loan Application Documents On June 29, 1995, the Ohio Water Development Authority Board created the Local Economic Development (LED) Loan Program.
Through this program, OWDA can provide financial assistance for water and sewer projects for industries making a significant investment in Ohio and creating new jobs. For more details, see the Local Economic Development Loan Program Guidelines . Please note that projects must be constructed using prevailing wage.
Applications are accepted on an open cycle. OWDA will begin to review a project after a complete application has been received. Your application will be presented to the OWDA Board for approval after it has been determined that the local government has the ability to repay the loan.
For questions regarding the Local Economic Development Loan Program or to discuss a potential project, please contact: Kim Killian, Loan Officer Prior to submitting an application for the LED Loan Program, please contact our Loan Officer, Kim Killian ( email ). The following loan application documents must be completed and submitted as part of a complete loan application.
Projection of revenue (included in application) A map delineating the location of the Economic Development project and the Infrastructure Improvements.
The map should delineate/label the proposed Infrastructure Improvements, including water, storm and/or sewer line placement, pump stations, etc. Rate ordinance (current rates/tap in fees) Current year operating budget Fund reports that show revenue, expenses, and debt service reserve Construction bid tabs or certified engineer's itemized cost estimate Engineering agreement (only required if costs are to be included in the loan) The following loan application documents are required to complete the loan process; however, they may be provided to OWDA at a later date if they are not available at the time of application.
Click on documents in blue to download.
According to the current listing, eligibility includes: Local Governments, Water/Sewer Districts, Conservancy Districts, State Agencies, Institutions of Higher Learning. Confirm the full requirements in the official notice before applying.
Local Economic Development Loan Program is funded by Ohio Water Development Authority (OWDA). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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