The Water Well Revolving Load Fund through the Water Systems Council, is
currently only available to resident of Monongalia County. This program
is available to all Local Health Departments. If
you are
interested in the well loan program please make your Local Health Department
aware.
The program provides residents with financial assistance to replace or
refurbish existing individual household water wells. The loan must be
used for repair or replacement of the well system, and cannot be used for
interior plumbing or remodeling. To qualify for the loan, an applicant's
household income cannot exceed 100% of the
West Virginia
Non-Metropolitan median household income.
- Receipt of loan funds is contingent on compliance with all loan
guidelines.
- The amount of any single loan will not exceed $5000.00.
- The interest rate will not exceed 2%.
- The terms of loan repayment will not exceed 15 years.
- Construction must be completed by a licensed water well contractor
within 45 days of loan approval.
- The principal loan amount may be prepaid at any time without penalty.
For residents of Monogalia County interested in applying for a loan through
this program, please contact Todd Powroznik with any questions, for more
information, and to request an application. Todd can be reached at (304) 598-5134, or email
Todd Powroznik
For questions about financial concerns contact Linda Tolley at (304) 598-5148.
Water Well Revolving Loan Fund Links:
NOTE: This program is also available for onsite sewage
disposal systems in Monogalia County, through the Waste Water Revolving Loan
Fund.
Contact Todd Powroznik with any questions, for more
information, and to request an application. Todd can be reached at (304) 598-5134, or email
tpowroznik@monchd.org.