Water and Wastewater Microloan Program

The Water and Wastewater Microloan Program (WWMLP) provides flexible, low-interest financing for eligible water and wastewater infrastructure projects, including planning, design and system improvements that support workforce housing and commercial development.

Funded through the Water and Wastewater Infrastructure Investment Program Fund, the program offers loans of up to $500,000 at a 1% interest rate, with repayment terms of up to 15 years. The program does not require federal compliance or bond counsel, and the OWRB waived the administration fee, helping reduce costs for participating communities.

Counties, towns and municipalities
Public works authorities
School districts
Districts formed under Title 82 of the State's statutes as follows:
- Water conservancy districts
- Rural water districts
- Rural sewage districts
- Irrigation districts

Any project related to water and/or sewer system improvements for projects such as the following:

Water and wastewater facility improvements, repairs and expansions
Water supply, storage and distribution systems
Wastewater collection, treatment and systems
Stormwater and drainage improvements
Dam rehabilitation and floodplain restoration
Water and wastewater planning, design and assessments for eligible projects, including:
- Planning and design of water and wastewater infrastructure supporting workforce housing development
- Planning and design of water and wastewater infrastructure supporting commercial site readiness
Construction of water and wastewater infrastructure supporting commercial site readiness

Prepare the supporting documentation listed on the WWMLP Checklist or in the OWRB Funding Portal.
Complete a funding inquiry in the OWRB Funding Portal. If you are a new borrower, please create a new account to get started.
Once the Financial Assistance Division receives and accepts a completed application, including all supporting documents, it will be considered for approval. The applicant will be notified once a determination has been made. If approved, a closing date will be set. All loans must close within one (1) year of being approved.

If you have additional questions, please contact us at FAD@owrb.ok.gov.