Drinking Water Assistance Fund Bonds
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Drinking Water Assistance Fund Bonds
Overview
Drinking Water Assistance Fund (DWAF) Program
Under legislation effective November 26, 1997, The Drinking Water Assistance Fund (DWAF) Program was established in 1998 with federal capitalization grants from the United States Environmental Protection Agency to provide funds to public water systems for the cost of facility improvements to meet Safe Drinking Water Act standards.
Since 1998, the DWAF has been awarded over $692 million of federal capitalization grants which have been matched with nearly $139 million of State matching funds.
The DWAF has funded 782 projects, with $1.8 billion in loan value outstanding to 263 different Governmental Agencies.