159G-33. Loans and grants available from Wastewater Reserve.
(a) Types. - The Department is authorized to make the types of loans and grants listed in this subsection from the Wastewater Reserve. Each type of loan or grant must be administered through a separate account within the Wastewater Reserve.
(1) Loan. - A loan is available for a project authorized in G.S. 159G-32(b).
(2) Project grant. - A project grant is available for a portion of the construction costs of a wastewater collection system project, a wastewater treatment works project, or a stormwater quality project as authorized in G.S. 159G-32(b).
(3) Merger/regionalization feasibility grant. - A merger/regionalization feasibility grant is available to determine the feasibility of consolidating the management of multiple utilities into a single utility operation or to provide regional treatment 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 in the event the Secretary certifies that a serious public health hazard related to the inadequacy of an existing wastewater collection system or wastewater treatment works is present or imminent in a community.
(5) Repealed by Session Laws 2019-241, s. 11(a), effective November 6, 2019.
(b) Interaccount Transfer. - The Secretary may use revenue in any account in the Wastewater Reserve to provide funds for an emergency loan. (2005-454, s. 3; 2015-241, s. 14.13(d), (e); 2019-226, s. 2; 2019-241, s. 11(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.