Ohio Water Development Authority - Serving Ohio Since 1968

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Interest Rates


4/1/2020 - 4/30/2020

OWDA Market Rate Program

Loan Terms 5 to 20 Years:  2.17%
Loan Terms 21 to 30 Years:  2.36%

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: 1.90%


Loan Terms 5 to 20 Years
Standard Rate: 0.92%
Small Systems:  0.42%

Loan Terms 21 to 30 Years
Standard Rate:  1.06%
Small Systems:  0.56%

Loan Terms 31 to 45 Years *
Standard Rate:  1.21%
Small Systems:  0.71%

* Applies to WPCLF Program only.

Loan Applications

Reminder:  Loan applications are due the 1st of each month, except for November (no meeting) and December.   


NOTICE: Update to Disbursement Procedures-Electronic Submissions

In response to concerns relating to COVID-19, the Ohio Water Development Authority is strongly recommending electronic submission of disbursement/fund payment requests. Please follow these guidelines:

  • Each disbursement request should be submitted as a single PDF attached to an email sent to disbursements@owda.org
  • The subject line of the email should include the 4-digit account number
  • Specific OWDA staff should not be cc'd: on submission emails
  • Submissions must be in PDF format. Word, Excel, etc. documents will not be accepted
  • Hard copies should not be mailed for disbursement requests submitted electronically
  • The first page of the disbursement request should be a completed and signed Fund Payment Request form
  • Supporting documentation should follow the Fund Payment Request form for each disbursement request
Electronic submission is highly recommended to ensure timely processing. Payment requests may still be mailed as hard copies via U.S. Postal Service (FedEx, UPS, etc. should not be used during this time) but payment may experience significant delays. Please mail to:

480 South High Street
Columbus, OH 43215

News and Updates

Loan Application Submission

The OWDA staff is working remotely to perform all operations of the Authority.  Please follow normal procedures to submit a loan application for approval.


Governing Body

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Mike DeWine


James V. Stewart


Ken J. Heigel, P.E.

Executive Director

Board Members

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Contact Us

480 South High Street
Columbus, Ohio 43215

614-466-5822 (Main)
614-644-9964 (Fax)
614-448-3367 (HR Fax)
877-OWDA-123 (Toll Free)


Board Meetings:

The next scheduled Board Meeting is Thursday, April 30, 2020 at 10:30 a.m. at the Ohio Water Development Authority, 480 South High Street, Columbus, Ohio. 
There is no meeting in November. 

Ohio Rural Community Assistance Program (RCAP) Seminars.

Click here for full seminar schedule of topics, dates and times.


2018 Annual Report

Audited Financial Statement

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