The Board administers three
funding sources. The Public Works Assistance Account, which funds
all Public Works Trust Fund programs; the Drinking Water State Revolving
Fund, which funds all Drinking Water State Revolving Fund Loans, and the
Water System Acquisition and Rehabilitation Program
Eligible Applications:
Cities & Towns
Counties
Special Purpose Districts
Systems
Road
Sanitary Sewer
Domestic Water
Bridge
Storm Sewer
Solid Waste / Recycling
Eligible Activities:
Repair
Replacement
Rehabilitation
Reconstruction
Improvement of eligible public work
systems to meet current standards for existing users, and may include
reasonable growth (this is generally the twenty-year growth projection
included in the local government comprehensive plan under the Growth
Management Act( GMA))
Ineligible Activities:
Rolling Stock
Landfill site acquisition
Routine M & O
Incinerator/waste-to-energy facilities
Threshold Requirements:
Counties, Cities, and Towns must
have a local one-quarter of one percent Real Estate Excise Tax (REET).
Counties, Cities, and Towns planning under the GMA must bi in conformance
with adoption timelines for their Comprehensive Plans, and Development
regulations.
Not having any finds from a Growth Management Hearing
Counties, Cities, Towns and Special Purpose Districts NOT planning under
GMA, must have adopted a Capital facilities Plan for each eligible systems
they own that meets Public Works Board standards
Drinking Water State Revolving Fund
(DWSRF)
The Program:
The Loan Program is jointly
administered by the Pubic Works Board and the Washington State Department
of Health (DOH), Drinking Water Division. The DWSRF loan program is
intended to improve drinking water systems and protect public health and
is designed for both publicly and privately owned systems.
Requirements:
Must have a DOH approved
Small Water System Management Program or Water System Plan by January 31,
2006
Funding Criteria:
Zero percent (0%) local
match. Interest rates are 0% - 1.5% dependent upon median
household income and whether system is in distressed county
Loan Fee 1%
Loan Limit of 4 million
Dollars
Satellite management
agencies may combine loan limits of systems being consolidated up to a
maximum of 8 million dollars
Multiple systems
participating in one project (Shared Facility) may combine their loan
limits up to a maximum of 8 million dollars
Loan Term is for the life
of the project or 20 years maximum
Project completion time
is 36 months after loan execution