Funds And Resources For Drinking Water Source Protection - Department Of Environmental Quality Page 5
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28Water/Wastewater Funding Program (WWFP)
This loan program funds the design and construction of public infrastructure needed to
ensure compliance with the Safe Drinking Water Act or the Clean Water Act. The public
entities that are eligible to apply for the program are cities, counties, county service districts,
tribal councils, ports, and special districts as defined in ORS 198.010. Municipalities must
either have a documented compliance issue or the potential of a compliance issue in the
near future.
Allowable funded project activities may include:
Construction costs, including Right of Way and Easements, for improvement or
expansion of drinking water, wastewater or stormwater systems
Design and construction engineering
Planning/technical assistance for small communities
WWFP Loans
The maximum loan term is 25 years or the useful life of the infrastructure financed,
whichever is less. The maximum loan amount is $10 million per project (more with
additional approval) through a combination of direct and/or bond funded loans. Loans
are generally repaid with utility revenues or voter approved bond issues. A limited tax
general obligation pledge also may be required. "Credit worthy" borrowers may be
funded through the sale of state revenue bonds.
WWFP Grants
Grant awards up to $750,000 may be awarded based on a financial review. An applicant
is not eligible for grant funds if the applicant's annual median household income is equal
or greater than 100 percent of the state average median household income for the same
year.
Funding for Technical Assistance
The Infrastructure Finance Authority offers technical assistance financing for
municipalities with populations of less than 15,000. The funds may be used to finance
preliminary planning, engineering studies and economic investigations. Technical
assistance projects must be in preparation for a construction project that is eligible and
meets the established criteria.
Grants up to $20,000 may be awarded per project.
Loans up to $60,000 may be awarded per project.
To apply, call IFA at 503-986-0123, then contact your IFA Regional Coordinator for assistance
and more information.
Special Public Works Fund (SPWF)
The Special Public Works Fund (SPWF) provides funds for publically owned facilities that
support economic and community development in Oregon. Funds are available to public
entities for planning, design, purchasing, improving and constructing publically owned
facilities, replacing publically owned essential community facilities, emergency projects as a
result of a disaster, and for planning. Public agencies that are eligible to apply for funding are
cities, counties, county service districts (ORS 451), tribal councils, ports, districts as defined in
ORS 198.010, and airport districts (ORS 838).
.
SPWF Loans
Loans for development (construction) projects range from less than $100,000 to $10
million (more with additional approval). The Infrastructure Finance Authority offers
very attractive interest rates that reflect tax-exempt market rates for highly qualified
Page 5 of 28
Last Updated 6/2016
By: Sheree Stewart
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