159G-31. Entities eligible to apply for loan or grant.
(a) A local government unit or a nonprofit water corporation is eligible to apply for a loan or grant from the CWSRF, the DWSRF, the Wastewater Reserve, or the Drinking Water Reserve. An investor-owned drinking water corporation is also eligible to apply for a loan or grant from the DWSRF. Other entities are not eligible for a loan or grant from these accounts.
(b) Entities eligible in subsection (a) of this section for grants from the Wastewater Reserve and the Drinking Water Reserve may be limited, based on affordability, to a portion of the total construction costs for the project types defined in G.S. 159G-33(a)(2) and G.S. 159G-34(a)(2).
(c) To the extent that funds are available, loans shall be considered for the portion of construction costs not eligible for grant funding.
(d) A local government unit is eligible to apply for a grant from the Viable Utility Reserve.
(e) The Local Government Commission may submit an application on behalf of a distressed unit for an emergency grant from the Viable Utility Reserve to cover operating deficits of that local government unit's public water system or wastewater system, and any such application shall be deemed approved by the Local Government Commission upon submission. (2005-454, s. 3; 2011-145, s. 13.11A(b); 2015-241, s. 14.13(c2); 2019-241, s. 11(h); 2020-79, ss. 1(d), 6(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 159G - Water Infrastructure
Article 2 - Water Infrastructure Loans and Grants Administered by Department.
§ 159G-30 - Department's responsibility.
§ 159G-31 - Entities eligible to apply for loan or grant.
§ 159G-32 - Projects eligible for loan or grant.
§ 159G-33 - Loans and grants available from Wastewater Reserve.
§ 159G-34 - Loans and grants available from Drinking Water Reserve.
§ 159G-34.5 - Grant types available from Viable Utility Reserve.
§ 159G-35 - Criteria for loans and grants.
§ 159G-36 - Limits on loans and grants.
§ 159G-38 - Environmental assessment and public hearing.
§ 159G-39 - Review of applications and award of loan or grant.
§ 159G-40 - Terms of loan and execution of loan documents.
§ 159G-41 - Withdrawal of loan or grant.
§ 159G-42 - Disbursement of loan or grant.
§ 159G-43 - Inspection of project.
§ 159G-45 - Assessment of local government units; assistance.