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Interest Rates
Period:
7/1/2019 - 7/31/2019
OWDA Market Rate Program
Loan Terms 5 to 20 Years: 2.75%
Loan Terms 21 to 30 Years: 2.92%
Community Assistance
Loan Terms 5 to 20 Years: 0.50%
Loan Terms 21 to 30 Years: 0.75%
Loan Advance Program
Loan Term up to 3 Years: 2.24%
WPCLF and DWAF Rates
Loan Terms 5 to 20 Years
Standard Rate: 1.50%
Small Systems: 1.00%
Loan Terms 21 to 30 Years
Standard Rate: 1.62%
Small Systems: 1.12%
Loan Terms 31 to 45 Years *
Standard Rate: 1.77%
Small Systems: 1.27%
* Applies to WPCLF Program only.
Loan Applicatons
Reminder: Loan applications are due the 1st of each month, except for November (no meeting) and December. The deadline for applications for the December board meeting is November 5.
News and Updates
** ANNOUNCEMENT **
On June 18, 2019, President Donald Trump issued a Presidential Disaster Declaration for the following counties impacted by severe weather and tornado damage on May 27th and 28th: Auglaize, Darke, Greene, Hocking, Mahoning, Mercer, Miami, Montgomery, Muskingum, Perry and Pickaway.
All impacted local government agencies (cities, villages, and counties), water districts, sewer districts, and conservancy districts that have a loan(s) administered by the Ohio Water Development Authority (OWDA) may qualify for OWDA’s Emergency Relief Program. This program provides short-term relief from OWDA loan repayments so communities can redirect their repayment funds toward recovery efforts from damages or losses to their water or wastewater system resulting from the declared disaster.
OWDA will make a maximum of 2 semi-annual loan repayments from the Emergency Relief Program on behalf of qualifying communities.
The application for this program can be found
HERE For additional information and application requirements please contact
Dan Gill, 614-728-6144
Submit your loan application through the portal. The loan application portal is quick and convenient way to submit your loan application. By requesting a link to the loan portal, you can easily upload your application documents directly to OWDA before the application deadline. Click
HERE for more information.