The Alaska Clean Water Fund and the Alaska Drinking Water Fund provide loans and engineering support for drinking water, wastewater (sewer), solid waste and non-point source pollution projects, such as waterbody restoration and recovery. These programs provide loans at attractive rates (generally 1.5% for drinking water, and 1.5% for clean water loans) to cities, boroughs and qualified private water utilities. Our primary services are:

• Providing low-interest loans up to 20 years in duration for projects or eligible portions of projects.
• Providing refinancing of eligible projects.
• Assigning a project engineer to assist with plans, designs, construction and regulations.
• Assuring timely reimbursement for construction expenditures.
• Ensuring appropriate and effective use of loan funds.