Eligible borrowers
Publicly-owned community water systems can apply for Arizona's DWSRF program; these include:
• Cities
• Towns
• Special Districts
• Tribal Entities
• Arizona Corporation Commission (ACC) regulated private community water systems
• Non-profit non-community water systems that meet DWSRF requirements and are regulated by the ACC.
A "community water system" serves 15 or more service connections used by year-round residents or that serves 25 or more year-round residents who use water for drinking, cooking, bathing, and cleaning. Community water systems may also serve all the businesses and other water users within their boundaries. Arizona Department of Environmental Quality (ADEQ) determines the classification of a public water system.
Arizona
The DWSRF program helps public and private water systems across Arizona meet the objectives of the SDWA by providing a permanent, independent source of low-cost financing. Under the DWSRF, WIFA provides various types of assistance, including loans, technical assistance, and forgivable principal. Our loan terms vary and may include an interest rate discount and repayment periods of up to 30 years*. Much like the CWSRF, WIFA tailors all loan terms to the borrower's situation and needs.
*repayment period cannot exceed the useful life of infrastructure financed. For example, if a project has a maximum useful life of 15 years, the loan term cannot exceed 15 years.