John R. Kasich
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 on Thursday, May 31, 2012 at 10:30 a.m. at the Ohio Water Development Authority, 480 South High Street, Columbus, OH.
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: 5/1/2012-5/31/2012
OWDA Market Rate Program
............3.95%
Community Assistance
............2.00%
WPCLF Standard Rate
............2.69%
WPCLF Small Systems Const. ............2.19%
WPCLF Hardship Loan (Varies)
............1.00%
Period: 4/1/2012-6/30/2012
Rural Development Program
............1.09%
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 19, 2012.
FRESH WATER PROGRAM INTEREST RATE modified permanently as of may 26, 2011
* The Contract Interest Rate that was previously extended through 12/31/2011 shall be modified on a permanent basis as of May 26, 2011 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.
LOCAL GOVERNMENT INNOVATION FUND
*The Local Government Innovation Fund (LGIF), established through HB 153 in 2011, presents an opportunity to assist Ohio political subdivisions that provide a variety of services including water and/or sewer to promote efficiency, collaboration, merger, and shared services. Projects also are expected to facilitate improved business environments and promote community attraction.
The LGIF program administered by the Ohio Department of Development will award up to $100,000 in grant funds per feasibility study, up to $100,000 in loan assistance per entity for demonstration projects, and up to $500,000 in loan assistance for multi-entity projects to be used for demonstration projects. Grant funds will be awarded biannually and loan funds will be awarded quarterly through a competitive and open selection process (RFQ / RFP). For more information regarding the program, please visit the website at www.development.ohio.gov/Urban/LGIF.htm.
the center of science and industry (cosi) "water" exhibition
* COSI’s "Water" Exhibition (located in Columbus) examines the pressing environmental challenges related to protecting and managing Earth's most precious resource. Information is presented on how Columbus' drinking water is created and processed, just how much water do we use and how we can become better stewards of our water planet. The exhibit includes photography from the Olentangy River and Big Darby Creek, along with activities to explore stream ecosystems. For more information, go to http://www.cosi.org/exhibits/water.