Financing Options:
Virginia Department of Health
Office of Drinking Water
109 Governor Street, 6th Floor
Richmond, Virginia 23219
Phone: (804) 864-7501
Fax: (804) 864-7521
www.vdh.state.va.us/ODW
Last update: 9/2014
Information provided herein is to assist interested parties identify potential funding sources. This information was accurate at the time provided to VDH,
however specific program details such as contacts and requirements may have changed and should be confirmed.
VIRGINIA WATERWORKS: FINANCING OPTIONS
AGENCY
PROGRAM
CONTACT
AID TYPE
TERMS
ELIGIBILITY
Coalfield Water
Development Fund, Inc.
(CWDF)
Drinking Water
Donna G. Stanley
Administrative Agent
Coalfield Water Development Fund
Mountain Empire Community College
3441 Mountain Empire Road
Big Stone Gap, VA 24219
Ph: 276-523-7493
dstanley@me.vccs.edu
www.me.vccs.edu/index.aspx
GRANTS
(variable)
Economic Development
Administration
(EDA)
US DEPT. of COMMERCE
(USDOC)
Public Works
Program
Bob Gittler
Economic Development Specialist
EDA-Philadelphia Regional Office
The Curtis Center
601 Walnut Street, Suite 140 South
Philadelphia, PA 19106-3323
Ph: 215-597-4360
BGittler@eda.gov
www.eda.gov
GRANTS
50% match; Public Works grants average in Applicant Eligibility: includes District Organizations, state,
the $1M-$2M range
county, city or township governments, including special
purpose units of local governments engaged in infrastructure
development activities.
Rural Development (RD)
US DEPT. of
AGRICULTURE (USDA)
Utilities Loan
Assistance:
Water & Waste
Disposal
Janice Stroud-Bickes
Community Programs Director
USDA - RD
Virginia State Office
1606 Santa Rosa Road, Suite 238
Richmond, VA 23229
Ph: 804-287-1615
TDD: 804-287-1753
janice.stroud-bickes@va.usda.gov
www.rurdev.usda.gov/va/
DIRECT
LOANS
&
GRANTS
Virginia Municipal League/ Fixed Rate Loan
Virginia Association of
Program;
Equipment Leasing
Counties Finance
(VML/VACo Finance)
Steve Mulroy
Deputy Director
VML/VACo Finance
919 E. Main Street, Suite 1100
Richmond, VA 23219
Ph: 804-648-0635
info@valocalfinance.org
valocalfinance.org
Virginia Small Business
Financing Authority
(VSBFA)
Virginia Dept. of Small
Business & Supplier
Diversity
Scott Parsons
Executive Director
VSBFA
1220 Bank Street, 3rd Floor South
Richmond, VA 23219
Ph: 804-371-8256
scott.parsons@sbsd.virginia.gov
www.vabankers.org/VSBFA
Virginia Private
Activity Bonds
Political subdivisions in southwest Virginia (Planning District
Commissions 1 and 2): Buchanan, Dickenson, Lee, Russell,
Scott, Tazewell, Wise counties, and the City of Norton.
Regional Eligibility: based upon per capita income levels,
unemployment levels, or special needs (details vary).
LOANS - interest rates up to 40 years, in 3
tiers: market, intermediate, and poverty
depending on median household income.
For poverty rate, the proposed system
must correct a documented health and
safety hazard.
Political subdivisions with a population of 10,000 or less.
Applicants must be unable to obtain financing from other
sources at rates and terms they can afford and/or their
own resources.
GRANTS - may be up to 75% of eligible
project cost, dependent upon the median
household of the service area and the
availability of the RD's limited grant funds.
LOANS,
No closing cost options available
EQUIPMENT
LEASING,
INTERIM
FINANCING
BONDS
$10.0 million per project in any calendar
year.
Political subdivisions
Private ownership for local public purpose
Last Update: 9/2014. Virginia Dept. of Health, Office of Drinking Water (VDH_ODW) www.vdh.state.va.us/ODW
his information was accurate at the time provided to VDH, however specific program details such as contacts and requirements may have changed and should be confirmed.
VIRGINIA WATERWORKS: FINANCING OPTIONS
AGENCY
Virginia Dept. of Housing &
Community Development
(DHCD)
US DEPT. of HOUSING &
URBAN DEVELOPMENT
(HUD)
CONTACT
AID TYPE
Community
Development Block
Grant
(CDBG):
Water & Sewer
Assistance
PROGRAM
Tamarah Holmes, Ph.D.
Associate Director of Policy & Strategic
Development
DHCD - Community Development
Ph: 804-371-7056
tamarah.holmes@dhcd.virginia.gov
GRANTS
(variable)
Political subdivisions in non-entitlement localities (cities/towns
with populations less than 50,000, counties with populations
less than 200,000).
Appalachian
Regional
Commission
(ARC)
Denise Ambrose
Associate Director of Program
Administration & Assistance
DHCD - Community Development
Ph: 804-371-7000
denise.ambrose@dhcd.virginia.gov
GRANTS
Construction: $500,000 cap.
Non-construction: $100,000 cap.
Political subdivisions in the western portion of Virginia, and
nonprofit organizations.
Virginia Indoor
Plumbing
Rehabilitation Loan
Program
Joanne Peerman
Program Manager
DHCD - Community Development
Ph: 804-371-7070
joanne.peerman@dhcd.virginia.gov
LOANS
&
GRANTS
LOANS - up to $35,000 base cost cap per
home; 0% interest, subsidized based on a
bility to pay; 10-year term.
Low- to moderate-income homeowners with no indoor
plumbing or a failing septic system.
GRANTS - up to $10,000 cap per home,
but house must meet DHCD Housing
Quality Standards upon completion.
DHCD
Main Street Centre
600 E. Main Street, Suite 300
Richmond, VA 23219
www.dhcd.virginia.gov
Richard V. Davis
AML Project Coordinator
DMME
P.O. Drawer 900
Big Stone Gap, VA 24219
Ph: 276-523-8216
Richard.Davis@dmme.virginia.gov
www.dmme.virginia.gov
Virginia Dept of Mines,
Mineral & Energy
(DMME)
Abandoned Mine
Land
(AML)
Virginia Resources
Authority
(VRA)
Peter D'Alema
Virginia Pooled
Financing Program: Director of Debt Management
VRA
all types
TERMS
GRANTS
ELIGIBILITY
Must reside in a political subdivision in non-entitlement localities
(cities/towns with populations less than 50,000, counties with
populations less than 200,000).
(Grants)
Political subdivisions in southwest Virginia (Planning District
Commissions 1 and 2): Buchanan, Dickenson, Lee, Russell,
Scott, Tazewell, Wise counties, and the City of Norton.
LOANS
Recommended minimum loan size:
$750,000. Rates based on AAA/AA ratings,
up to 30 year terms.
Political subdivisions (cities, towns, municipal authorities,
commissions, etc.) needing funding for essential water related
projects.
LOANS
(variable)
Any entity
1111 E. Main Street, Suite 1920
Richmond, VA 23219
Ph: 804-616-3446
pdalema@VirginiaResources.org
www.virginiaresources.org
Local or Regional Banks
Loans
(various personnel)
Last Update: 9/2014. Virginia Dept. of Health, Office of Drinking Water (VDH_ODW) www.vdh.state.va.us/ODW
his information was accurate at the time provided to VDH, however specific program details such as contacts and requirements may have changed and should be confirmed.
VIRGINIA WATERWORKS: FINANCING OPTIONS
AGENCY
PROGRAM
CONTACT
ENVIRONMENTAL
PROTECTION AGENCY
(EPA)
Drinking Water State See below: Office of Drinking Water,
Virginia Dept. of Health
Revolving Fund
(DWSRF)
Office of Drinking Water
(ODW)
Virginia Dept. of Health
Drinking Water State Steven D. Pellei, PE
Director of Construction Assistance,
Revolving Fund
Planning, & Policy
(DWSRF)
AID TYPE
TERMS
REVOLVING See below: Office of Drinking Water,
FUND
Virginia Dept. of Health
LOANS
&
GRANTS
Ph: 804-864-7500
steve.pellei@vdh.virginia.gov
Water Supply
Assistance Grant
(WSAG)
Theresa E. Hewlett
Program Support Tech., Sr.
Ph: 804-864-7501
theresa.hewlett@vdh.virginia.gov
GRANTS
Community Water
Fluoridation
Lisa Syrop, B.S. Nursing, D.D.S.
Fluoridation Coordinator
Ph: 804-864-7781
lisa.syrop@vdh.virginia.gov
GRANTS
0% to less than market, up to 30 years.
Typical loan terms are 1.5 - 3.5% interest,
maximum of 20 years (30 years for
disadvantaged waterworks).
Non-construction: grants up to $50,000
per project.
(Grants)
Grants are limited to community
water systems for the initiation or
upgrade of fluoridation systems (i.e.,
fluoridation projects only).
ELIGIBILITY
See below: Office of Drinking Water,
Virginia Dept. of Health
Community and nonprofit noncommunity waterworks owned by
political subdivisions and investors.
Community waterworks owners and political subdivisions.
Community water systems statewide; need based.
Grants do not cover construction.
ODW
Virginia Dept. of Health
109 Governor Street, 6th Floor
Richmond, VA 23219
www.vdh.state.va.us/ODW/Financialan
dConstruction.htm
Southeast Rural
Community Assistance
Project, Inc.
(SERCAP)
Rural Community
Facilities
Development
SERCAP Loan Fund
Beth Pusha
Director of Loan Fund & Economic
Development
Southeast RCAP, Inc.
347 W. Campbell Ave.
Roanoke, VA 24016
Ph: (540) 345-1184 ext. 137
bpusha@sercap.org
http://www.sercap.org/virginia.htm
GRANTS
(Grants)
Low-income rural households and communities for repairing of
water and wastewater systems or development of new
systems.
Community assistance includes costs of community wells,
preliminary engineering studies, test wells, soil test, and water
system upgrades such as storage tank rehabilitations.
Assistance to households includes tap fees, hook-up costs,
and emergency grants for replacing or repairing plumbing,
pumps, lines.
LOANS
Communities: 4% - 7% interest, $150,000
cap, up to 10 years.
Low- to moderate-income rural households and low-income
rural communities.
Households: 1% interest, $11,000 cap,
up to 20 years.
Community assistance includes costs of predevelopment,
system upgrades and new construction of water and
wastewater services and facilities.
Assistance to households includes costs of well
improvement and septic repairs.
Last Update: 9/2014. Virginia Dept. of Health, Office of Drinking Water (VDH_ODW) www.vdh.state.va.us/ODW
his information was accurate at the time provided to VDH, however specific program details such as contacts and requirements may have changed and should be confirmed.
VIRGINIA WATERWORKS: FINANCING OPTIONS
AGENCY
Virginia Tobacco
Indemnification &
Community Revitalization
Commission
(TICRC)
PROGRAM
Economic
Development
Special Projects
CONTACT
(Southside Virginia):
Sarah K. Capps
Grants Program Administrator Southside
Virginia Tobacco Indemnification &
Community Revitalization Commission
615-A South Main Street
Chatham, VA 24531
Ph: 434-432-7203
Sarah.Capps@tic.virginia.gov
www.tic.virginia.gov
AID TYPE
GRANTS
TERMS
Requests for utility infrastructure funding
should serve clearly-defined economic
development objectives and sites.
ELIGIBILITY
Government entities (localities, local and regional industrial or
economic development authorities, regional authorities) and
incorporated nonprofit organizations (must provide evidence of
IRS designation).
Applicants are required at point of
application to demonstrate that financing is
not available from non-TICRC sources; and
to provide a multi-year cash flow analysis for
projected increased revenue resulting from
the proposed project.
(Southwest Virginia):
Sara G. Williams
Grants Program Administrator Southwest
Virginia Tobacco Indemnification &
Community Revitalization Commission
One Partnership Circle
P.O. Box 1987
Abingdon, VA 24212
Ph: 276-619-4325
Sara.Williams@tic.virginia.gov
www.tic.virginia.gov
US DEPT. of HOUSING &
URBAN DEVELOPMENT
(HUD)
Community
Planning
& Development
(CPD)
Ronnie J. Legette
CPD Field Office Director
HUD-Richmond Field Office
600 E. Broad Street., 3rd Floor
Richmond, VA 23219-4320
Ph: 804-822-4831
Ronnie.J.Legette@hud.gov
www.hud.gov
GRANTS
Annual grants; a Consolidated Plan must be Principal cities of Metropolitan Statistical Areas (MSAs); other
submitted.
cities with a minimum population of 50,000, and urban counties
with a minimum population of 200,000.
Funds must be used for activities benefitting
low- and moderate-income persons.
Also, activities resolving existing conditions
posing a serious and immediate threat to
the health and welfare of the community.
(Alexandria city and Arlington, Fairfax,
Loudoun, Prince William counties):
Michael D. Rose
CPD Field Office Director
HUD-Washington, D.C. Field Office
820 First Street NE, Suite 300
Washington, D.C. 20002
Ph: 202-275-6266
Michael.D.Rose@hud.gov
www.hud.gov
Last Update: 9/2014. Virginia Dept. of Health, Office of Drinking Water (VDH_ODW) www.vdh.state.va.us/ODW
his information was accurate at the time provided to VDH, however specific program details such as contacts and requirements may have changed and should be confirmed.