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DWSRF

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AcronymDefinition
DWSRFDrinking Water State Revolving Fund (United States)


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Each bond series issued under the master trust agreement is secured by separate portfolios of SRF loans and may also be secured by a debt service reserve funded from CWSRF and/or DWSRF federal capitalization grants, bond proceeds or other available funds.
With this issue, approximately 3% of outstanding loans are made to private and investor-owned utilities through New Jersey's DWSRF.
Other strengths include a cross-collateralization feature of the separate CWSRF and DWSRF programs, which allows reserves from one program to be available for use by the other, as well as conservative underwriting standards.
 
 
 
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