a range of different entities including communities individuals businesses and nonprofit organisations can apply for cwsrf funding for eligible projects funding may be in the form of grants or loans at belowmarket interest rates with repayment terms of up to years or as a combination of the two the funds target small and disadvantaged communities the drinking water state revolving fund dwsrf was established in to finance water supply projects its structure and processes mirror those of the cwsrf program when loan recipients make repayments to the state program the funding is revolved and made available for further projects