Maximum loan amount is $5,000,000
Project Type: Construction
The Onsite Stormwater Loan Program provides financial assistance for stormwater management projects that focus on treating stormwater at its source to minimize, avoid, or offset impacts on water resources and reduce flow to sewers or surface waters.
Grant Priorities
Onsite stormwater controls on publicly owned property
Local Plan Requirements
OWDA application requirements:
- Certified engineer’s itemized cost estimate to determine eligibility
- Pass legislation authorizing signing of the loan agreement
- Complete any necessary assessment, tap-in and/or rate legislation
- Prepare a projection schedule that shows user revenues, debt service obligations, and
operation and maintenance costs over the contract term of the years of loan repayment to
OWDA
- Proposed project schedule.
Matching Requirements
Loan Term: Maximum of 15 years amortization
Loan Fees: Loan Administration Fee of 0.35% of the loan amount or $400 minimum.
Eligible Costs
Eligible costs include the following:
- Construction of onsite stormwater controls, such as bioretention, pervious pavement,
- bioswales, rain gardens, tree boxes, green roofs, infiltration basins/trenches, soil profile
- restoration, and rainwater harvesting with appropriate designated uses,
- Professional engineering services related to the eligible stormwater controls,
- Legal fees related to the application and/or project implementation, and application
- preparation,
- Site preparation, including grading, earthwork, and demolition required to support the
- eligible stormwater controls,
- Associated maintenance for the initial period of project establishment prior to owner
- acceptance, based on the project contract
Project Timeline
Typically the application deadline falls annually in March
Prior to submitting an application for the Onsite Stormwater Loan Program, please contact our Loan Officer
Application Deadline
March 2026
Contact Information
Kim Killian, Loan Officer
(614) 466-0228
kkillian@owda.org
