DWSRF loan definition

DWSRF loan means an agreement between the department and the borrower in which the DWSRF provides funds for eligible assistance and the borrower agrees to repay the principal sum, applicable inter- est, and DWSRF loan fee to the DWSRF.
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DWSRF loan means that portion of the Loan made by the State from the loan program established to assist publicly owned and privately owned community drinking water systems and nonprofit noncommunity drinking water systems to finance the costs of infrastructure needed to achieve or maintain compliance with the Safe Drinking Water Act and to promote the public health objectives of said Act.]
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DWSRF loan means an agreement between the board and the borrower in which the DWSRF provides funds for eligible assistance and the borrower agrees to repay the246-296-020 DWSRF Loan Program principal sum, applicable interest, and DWSRF loan fee to the DWSRF.
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Examples of DWSRF loan in a sentence

  • Activities under this set-aside include helping systems prepare their DWSRF loan applications, assistance with improving their technical, financial, and managerial capability, training, and planning, technical assistance via sanitary survey follow-ups, direct on-site assistance and a Circuit Rider program to address any necessary improvements to the water system.

  • The State will expend all funds in the DWSRF loan fund in a timely and expeditious manner in accordance with the EPA Drinking Water State Revolving Fund (DWSRF) National Unliquidated Obligations Strategy of April 14, 2014.

  • For land with structures or other improvements, only the appraised value of the land is DWSRF loan eligible, not the appraised value of the land with the structures or improvements.

  • A DWSRF loan may include the costs of project planning and services incurred prior to construction (e.g., costs associated with preparing the PER, plans and specifications, advertising, pre-bid conference, bidding procedures, pre-construction conference, loan application, or administration).

  • The SDWA requires that a public water system applying for a DWSRF loan must show that it has the technical, financial and managerial capacity to ensure compliance.

  • Assure that any un-drawn funds are returned to the DWSRF loan pool and made available to other Participants, to minimize un-liquidated obligations.

  • The NJDEP’s loan origination fee is not included in the principal amount of the DWSRF loan and is separately accounted for.

  • Managerial capacity of a PWS is evaluated during routinely conducted sanitary surveys and when the PWS applies for a DWSRF loan.

  • Projects will still have to be eligible for DWSRF funding and meet all applicable DWSRF requirements at the time of the DWSRF loan, including an environmental review, and must have received advance written authorization from the DPH prior to the award of any contracts included in the refinancing loan.

  • The State will expend all funds in the DWSRF loan fund in a timely and expeditious manner.

Related to DWSRF loan

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Base Rate Loan means a Loan bearing interest at a rate determined by reference to the Base Rate.