Kansas Public Water Supply Loan Fund
The Kansas Public Water Supply Loan Fund may be one of your options when it comes to financing water utility improvements. You can also explore other options here. Also, take a look below at the Kansas Rural Water Finance Authority which can provide assistance with loan applications for both KDHE and USDA Rural Development, issuance of other debt for interim and long-term financing and more.
About the Kansas Public Water Supply Loan Fund:
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Loans are made at below-market interest rates; the rate is 60% of the 20-Bond Buyer Index as of July 2011. Prior to that date, the rate was set at 80% of the 20-Bond Buyer Index.
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Small cities and rural water districts receive an ongoing financial review, advice, and technical support.
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The projects need to comply with Davis-Bacon and American-made Iron & Steel.
To learn more about the Kansas Rural Water Finance Authority, check the links below for the historical interest rate chart.
As of February 29, 2024, small systems have received 321 of the 477 loans (72%) for a total of $448,441,349 of the total $1,305,837,607 (34%) in committed in loan funds. Systems serving a population of 5,000 or fewer are classified as small systems under the Kansas Public Water Supply Loan Fund.
Interest rates for February 2024 are 2.04% for 20-year (CW & DW), 2.38% for 30-year (DW Only) and 2.72% for 40-year (DW Only)