Financial & Construction Assistance Programs

The Office of Drinking Water (ODW) manages two funding sources under the Financial and Construction Assistance Programs (FCAP) consisting of the:

1. Drinking Water State Revolving Fund (DWSRF) Program

2. Water Supply Assistance Grant (WSAG) Fund Program

Construction applications for both funding sources are received on a year round basis. The Virginia DWSRF Program combines federal and state funds to offer a mix loan, grant and refinancing opportunities.

Construction Assistance

A. Construction Loan – Interest rates from 3% to ceiling rate (1% below municipal bond market rates). Maximum term 20 years. Lower rates and longer terms (to 30 years) are considered for waterworks meeting disadvantaged criteria.

B. Construction Grants – Will be considered for waterworks meeting disadvantaged criteria.

C. Force Account Construction — projects are completed with non-contractor related labor.

Non-Construction Assistance

Planning and Design Funds – Projects up to $35,000 to be awarded. Applications accepted year-round. Funds are especially for small, disadvantaged, community waterworks.

Team Contacts by Topic of Interest

The FCAP team members are listed below.  They are segregated by primary roles based on our customers’ topics of interest and most common needs.

Project Management, Compliance & Application Guidance

Environmental Review Status & Guidance

Reimbursement Status

Procurement Review Status & Guidance

Funding Application Status & Revisions

Locations

Our team is spread throughout the state in the following offices:

Abingdon Field Office

407 East Main Street, Suite 2

Abingdon, VA 24210

276-676-5650 (Main)

276-676-5659 (Fax)

Central Office

109 Governor Street – 6th Floor

Richmond, Virginia 23219

804-864-7500 (Main)

804-864-7521 (Fax)

Lexington Field Office

131 Walker Street

Lexington, VA 24450

540-463-7136 (Main)

540-463-3892 (Fax)