Drinking Water State Revolving Fund

Program Overview

Through the Drinking Water State Revolving Fund (DWSRF), RIIB makes low-interest loans to community public water systems, non-profit non-community public water systems, privately organized water suppliers and local governmental units to complete drinking water infrastructure projects.

How It Works

  • Projects eligible for DWSRF financing include the planning, design and construction of safe drinking water supply, treatment, and transmission infrastructure
  • Loans made through the DWSRF may be repaid over a period of up to 20 years and can be structured to meet the repayment abilities unique to each borrower
  • Interest is subsidized at 25% below the borrower’s market rate
  • Projects are awarded financing based on their ranking on the Department of Health's Project Priority List, readiness to proceed and subject to credit approval and the availability of funds
  • Borrowers work directly with RIIB and RI Department of Health to complete project and financing applications

Additional Resources


For more information about the DWSRF, please contact:

Anna Coelho Cortes

Managing Director
Rhode Island Infrastructure Bank