(a) Types.--The Department is authorized to make the types of loans and grants listed
in this section from the Drinking Water Reserve. Each type of loan or grant must be administered through a separate account within
the Drinking Water Reserve.
(1) Loan.--A loan is available for a project for a public water system.
(2) Project grant.--A project grant is available for a portion of the construction
costs of a public water system project as defined in G.S. 159G-32(c).
(3) Merger/regionalization feasibility grant.--A merger/regionalization grant is available
to determine the feasibility of consolidating the management of multiple utilities
into a single utility operation or to provide regional water supply and the best way
of carrying out the consolidation or regionalization. The Department shall not make a loan or grant under this subdivision for a merger
or regionalization proposal that would result in a new surface water transfer regulated
under G.S. 143-215.22L.
(3a) Asset inventory and assessment grant.--An asset inventory and assessment grant
is available to inventory the existing water and/or sewer system and document the
condition of the inventoried infrastructure.
(4) Emergency loan.--An emergency loan is available to an applicant in the event the
Secretary certifies that either a serious public health hazard or a drought emergency
related to the water supply system is present or imminent in a community.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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