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Interest Rates
Period:
12/1/2018 - 12/31/2018
OWDA Market Rate Program
Loan Terms 5 to 20 Years: 3.64%
Loan Terms 21 to 30 Years: 3.77%
Community Assistance
Loan Terms 5 to 20 Years: 1.14%
Loan Terms 21 to 30 Years: 1.27%
Loan Advance Program
Loan Term up to 3 Years: 2.69%
WPCLF and DWAF Rates
Loan Terms 5 to 20 Years
Standard Rate: 2.39%
Small Systems: 1.89%
Loan Terms 21 to 30 Years
Standard Rate: 2.47%
Small Systems: 1.97%
Loan Terms 31 to 45 Years *
Standard Rate: 2.62%
Small Systems: 2.12%
* 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
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The Lead Plumbing Fixture Replacement Assistance Grant Program was established in HB 390 to provide $12,000,000 in funding to eligible schools to reimburse for the sampling and replacement of drinking fountains, water coolers, plumbing fixtures, and limited connected piping. Schools built before 1990 can apply for reimbursement up to $15,000 for sampling of eligible fixtures and the material costs to replace those fixtures if they are identified as being over the federal action level for lead. The program is open to traditional public schools, community schools, and chartered non-public schools.
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The new OWDA loan application and instructions are now available. Please visit the Application Forms page for complete list of documents required to apply for a loan.
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On April 28, 2016, the Ohio Water Development Authority Board approved an increase in the loan maximum for a project that qualifies for the Community Assistance Fund. The maximum was increased from $3 million to $5 million.
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Beginning with the April 2016 loan requests, the deadline for loan applications will now be the 1st of the month. Bid tabs are required to be submitted prior to project approval. If the project will be bid after the 1st of the month, please submit an estimated loan amount and certified engineer's estimate with the application. The loan amount will be finalized after the project has been bid and prior to Board approval.
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On December 11, 2014, the Ohio Water Development Authority modified how the Fresh Water interest rate is calculated.
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"Puzzled by your community water system?” is a three-session workshop for Local Officials. This workshop is designed to assist water boards, township trustees, city council members, county commissioners, and other local officials in obtaining the answers they need to make decisions about developing a new water system or upgrading an existing one. The workshop includes “Putting Together the Pieces of a Community Water System”; “Water Supply Drop-By” professionally led field trip; and “Assessing Community Needs and Gathering Resources”. For detailed information or to schedule a workshop. Please click here for more information.
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OWDA Partnering with the Ohio Human Trafficking Task Force to Raise Statewide Awareness
In support of Governor Kasich's new public awareness campaign, the Ohio Water Development Authority joins Ohio’s ongoing fight against human trafficking; the illegal trade of people for commercial sex or forced labor exploitation that enslaves approximately 1,000 Ohioans every year.
The new campaign, led by the Ohio Human Trafficking Task Force, gives Ohioans new resources for how they can personally help combat the problem by reporting suspicious activity. For more details including resources and training opportunities, click here.
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Governing Body
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)
Meetings
Board Meetings:
The next scheduled Board Meeting is Thursday, January 31, 2019 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.
Publications
2017 Annual Report
Audited Financial Statement
Privacy Statement