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SNWA Closed On $56.7 million SRF Loan With 1% Interest Rate

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October 22, 2024

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On Tuesday October 22, 2024 the Southern Nevada Water Authority closed on its State of Nevada Drinking Water State Revolving Fund Loan (Contract #DW2504).  This loan will fund cost assocaited with the River Mountians Ozone Replacement Project.  The loan will be drawn on a reimbursement basis in a maxium amount not to exceed $56,733,000.  The term of the loan is 20-years and a rate of 1.00%.