Clean Water Revolving Loan Fund | Drinking Water State Revolving Fund | Virginia Airports Revolving Fund
Revolving loan funds provide below market rate loans that make projects more affordable and feasible. These funds are a permanent and perpetual source of funding for projects with specific designs for meeting a community need. “Seed Money” from federal and state sources capitalize the funds and the repayment of loans means that funds will be recycled into new loans and available as a sustainable source of financing.
Currently, VRA serves as the financial administrator for four revolving loan funds in collaboration with state agency partners.
|Department of Aviation||Airports Revolving Fund|
|Department of Conservation and Recreation||Dam Safety and Flood Prevention Fund|
|Department of Environmental Quality||Clean Water Revolving Loan Fund|
|Department of Health||Drinking Water State Revolving Fund|