Ted Strickland
Governor
James (Jim) P. Joyce
Chairman
Steve Grossman
Executive Director
Board Members ››
OUR ADDRESS
480 S High St
Columbus OH 43215
614-466-5822 (Main)
614-644-9964 (Fax)
614-448-3367 (HR Fax)
877-OWDA-123 (Toll Free)
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MEETINGS
Board Meetings: The next scheduled Board meeting is Thursday, September 30, 2010, 10:30 a.m., Ohio Water Development Authority, 480 S. High St., Columbus, OH.
Research & Development (R & D) Public Meeting: The R & D Committee will hold the second public meeting for the 2010 Grant applications on Thursday, September 30, 2010 at 9:00 a.m., Ohio Water Development Authority, 480 S. High St., Columbus, OH. This meeting will determine which grants will be recommended to the OWDA Board for award.
Ohio Rural Community Assistance Program (RCAP) Seminars. Click here for full seminar schedule of topics, dates and times.
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INTEREST RATES
Period for Market Rate Program: 9/1/2010-9/30/2010
OWDA Market Rate Program
............4.17%
Period for all other Programs: 7/1/2010-9/30/2010
Rural Development Program
............1.37%
Community Assistance
............2.00%
WPCLF Standard Rate
............3.25%
WPCLF Short Term
............3.20%
WPCLF Hardship Loan (Varies)
............1.00%
WPCLF Small Systems Const. ............2.75%
DWAF Standard Rate Const. ............3.25%
DWAF Short Term
............3.20%
DWAF Small System Const. ............2.75%
DWAF Small Systems (EconPts)
............2.00%
LOAN APPLICATIONS
Reminder : Loan applications are due the 15th of each month, except for November (no meeting) and December.
The December deadline is Monday, November 22, 2010.
HOLIDAY OFFICE CLOSURE
*Our office will be closed on Monday, September 6, 2010 in observance of Labor Day. We will re-open for business on Tuesday, September 7, at 8:00 a.m.
LOAN ORIGINATION FEE CALCULATION CHANGE EFFECTIVE MAY 27, 2010
*The Loan Origination Fee Calculation for Fresh Water, WPCLF, Community Assistance, Brownfield, Coastal Erosion, Local Economic Development, Rural Development, Security Assistance Fund and Unsewered Area Planning Loan Programs is hereby amended as follows:
35 basis points for loans up to $100,000,000; 17.5 basis points for loans between $100,000,000 to $150,000,000; no fee applied on the portion of the loan greater than $150,000,000
2009 Financial Statements
* The Ohio Water Development Authority's Audited Financial Statements for the fiscal year ending December 31, 2009 are available (click here for Statements).
FRESH WATER PROGRAM INTEREST RATE CHANGES EXTENDED THROUGH DECEMBER 31, 2011
* The Contract Interest Rate effective 5/1/2009 through 10/31/2010 has been extended through 12/31/2011, and the terms will continue through the extension as follows:
Calculated monthly, as of the first day of each month, based on previous 8 week average of the Bond Buyer GO 20 Bond Index. Rates for annual loan amounts per local governmental agency above $40,000,000 will be based on previous 8 week average of the Bond Buyer GO 20 Index + 50 basis points. Some discounts available for construction loans.
Click here for Fresh Water Program Guidelines.
DAM SAFETY LINKED DEPOSIT PROGRAM INTEREST RATE CHANGE TO BANKS EFFECTIVE APRIL 29, 2010
*The Interest Rate to Banks for the Dam Safety Linked Deposit Program is amended as of April 29, 2010 to be as follows: The US Treasury Rate less 500 basis points, with a floor of 1.00%.
Click here for Dam Safety Linked Deposit Program Guidelines.