DWRLF

AcronymDefinition
DWRLFDrinking Water Revolving Loan Fund
References in periodicals archive ?
Fitch's cash flow modeling demonstrates that MWQFA's combined Water Quality Revolving Loan Fund (WQRLF) and Drinking Water Revolving Loan Fund (DWRLF) loan pool programs (the program) can continue to pay bond debt service even with loan defaults in excess of Fitch's 'AAA' liability rating stress hurdle, as produced using Fitch's portfolio stress model (PSM).
SOUND FINANCIAL STRUCTURE: Fitch's cash flow modeling demonstrates that MWQFA's combined Water Quality Revolving Loan Fund (WQRLF) and Drinking Water Revolving Loan Fund (DWRLF) loan pool programs (the program) can continue to pay bond debt service even with loan defaults in excess of Fitch's 'AAA' liability rating stress hurdle, as produced using Fitch's portfolio stress model (PSM).
MWQFA provides financing at below-market rates to governmental entities within the state for eligible clean water revolving fund projects through its WQRLF and drinking water revolving fund projects through its DWRLF. Bond proceeds are combined with federal grants and a state matching requirement to provide loans for such projects.