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Funding Waves Announced

Over the last few weeks the SLD has issued several funding waves for several years' worth of funding.

The SLD has issued three 2005 funding waves to date totaling $328 million. On July 13th the SLD issued Wave 3 for Funding Year 2005. The total requested amount was close to $27 million and the SLD funded approximately $21 million worth of commitments.

On July 12th the SLD committed $21 million in Wave 24 for Funding Year 2004 while denying $6 million mostly to applicants who fell below the 81% discount threshold. The SLD has committed $2.54 billion for 2004 with $355 million still pending.

The SLD recently released a 2002 Wave totaling $20.5 million and is expected to release a 2001 wave on July 14 totaling close to $140,000.

The full 2005 Wave 3 can be viewed at Wave Report 2005-03.xls

The full 2004 Wave 24 can be viewed at Wave Report 2004-24.xls

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