03/16/2026
We received confirmation that the Legislature will notbe allocating new funding for the Clean Water Loan Program this year. While this is disappointing, we remain fully committed to supporting clean water efforts across Oregon and will continue pursuing future funding opportunities.
What does this mean for your customers' existing loans?
There is no impact on existing loans. All approved loans will continue without interruption, and borrowers currently in repayment should continue making payments as usual.
What does this mean for new applications?
Because no new funding was allocated, we will be pausing acceptance of new applications. The last day for homeowners to submit an application will be March 31.
If you have customers who need septic financing, please let them know they can submit an application here (https://cl7dk04.na1.hubspotlinks.com/Ctc/RH+113/cL7dK04/VVGh-p1HcDkQW7wB6_k7PdXgJW69sl4k5LKdVtN3rtP7H3qn9qW8wLKSR6lZ3nrW39ScJH43L0lRW1mg7Zx4KZhjvW3Wybhh4Ck-3VMLKgfLZp2fxW7hcqtl4tWpfzW31BG5N6_j7vBW8yQCd61hdjtZW3tmGmb9c-_b0W8cQ64Y7b1H8sW3pjRV31K06d2W6YNDN755KvlvW6tCxdD7cl5R-W8MkxpJ1_9TwnW3ryXNJ6hs3VlW1pGyyc7whXvrW4tqzdR4Fn3fTW20BW-b8m-6BfN7XsX6H18BW-W3yM1wk72XHC9N8H6JTMRsm1KW3cb-xg2zBlKXW5MLpGY386NWNW2kYvsk96_xJqW64RWNn4l34S6W6dLq-72nnxGzW2_xpRv5S4CdBVDhhJc4nsGs4W5zmrG38KftKgf1y7lQg04) on or before March 31.
Thank you again for your advocacy and partnership. We will keep you updated as new funding opportunities arise. In the meantime, please stay safe and healthy.
Warm regards,
Tawny Reader
Consumer Lending Director, SVP
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