Sec. 8. (a) The authority shall establish a project prioritization system for the purposes of awarding loans and grants from the water infrastructure grant fund. The project prioritization system must be based on a model that includes at least the following variables:
(1) The effect of a project on the environment and public health and safety.
(2) The effect upon, and the affordability of, the user rates and charges of participants.
(3) The existence of plans for collaboration with other entities.
(4) The existence of a plan to measure and manage non-revenue water.
(5) Whether an applicant is employing other best practices as determined by the authority.
(6) Whether the project includes an expansion of storm water collection and treatment systems.
(b) The authority shall use the results of the project prioritization system established under subsection (a) to create a project priority list, and shall use the project priority list in awarding grants, loans, and other financial assistance under this chapter. The authority may adjust the project priority list established under this section:
(1) if the authority determines that unforeseen circumstances require an adjustment; or
(2) in case of an emergency.
As added by P.L.154-2021, SEC.8. Amended by P.L.18-2022, SEC.11.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.2. Indiana Finance Authority
Chapter 14.5. Water Infrastructure Grant Program
5-1.2-14.5-1. "Non-Revenue Water"
5-1.2-14.5-2. Grant Program Established
5-1.2-14.5-3. Water Infrastructure Grant Fund
5-1.2-14.5-4. Uses of Money in Water Infrastructure Grant Fund
5-1.2-14.5-5. Allocation of Grants, Loans, and Other Financial Assistance; Uses; Conditions
5-1.2-14.5-6. Application for Grant, Loan, or Other Financial Assistance
5-1.2-14.5-8. Project Prioritization System for Awarding Loans and Grants; Variables to Be Included
5-1.2-14.5-9. Advisory Services in Connection With Grant, Loan, or Other Financial Assistance
5-1.2-14.5-11. Requirement to Maintain Sufficient User Charges