Investor Presentaiton
Ohio Water
Development
Authority
FEDERALLY AUTHORIZED SRF PROGRAMS
DWAF Program Overview
As of September 30, 2013
•
The DWAF Program currently
has a large, diversified loan
portfolio of 204 different
borrowers
As of September 30, 2013, the
Authority had $16.1 million of
DWAF State Match Series
bonds outstanding and $247.0
million of DWAF Leverage
Series bonds outstanding
DWAF Grant Funding
Last Five Years
$4,884,200
Capitalization
Year
Grant
State Match
2008
$24,421,000
20091
2011
82,881,000
73,389,000 14,677,800
4,884,200
2012
30,339,000
6,067,800
Total
$211,030,000 $30,514,000
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 nearly $469 million of federal capitalization
grants which have been matched with nearly $94 million of State matching funds
•
•
.
The DWAF has funded 443 projects, with $949.7 million in loan value to 217 different
Governmental Agencies²
-
The portfolio includes over $640.2 million of loans to 204 different Governmental
Agencies for 376 projects³
The DWAF has funded 373 construction projects for $926.4 million and 70
planning and design projects for $23.3 million
The DWAF has funded 37 loans to private entities totaling $32.9 million+
During 2012, the DWAF provided 59 projects with $82,874,549 in funding; a 73%
increase over the 2011 funding level of $47,894,998
The interest and principal components of DWAF governmental loans are leveraged with
the issuance of State Match Bonds and Leverage Bonds, respectfully
Notes
1. Includes $58,460,000 ARRA funding with no state match required and $24,421,000 capitalization grant moneys requiring a 20% state match
2. Represents the principal amount of all loans financed
3. Represents the principal amount of all loans financed, net of principal repayments
4. Not pledged to bonds
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