Current through Chapter 381 of the 2024 Legislative Session
Section 485-H:5 - Loan Principal Forgiveness Based Upon NeedI. The department shall forgive up to 10 percent of the loan principal to municipalities, community water systems and non-profit, non-transient non-community water systems using the same qualifying standards for forgiveness used in the drinking water state revolving loan program established under RSA 486:14. II. The department shall forgive up to 10 percent of the loan principal for publicly-owned and non-profit wastewater treatment facilities using the same qualifying standards for forgiveness used in the clean water state revolving loan program established under RSA 486:14.III. Total loan forgiveness under this section shall not exceed $5 million.
RSA 485-H:5
Amended by 2021, 223:7, eff. 8/24/2021.Added by 2020, 30:4, eff. 7/23/2020.
2020, 30:4, eff. July 23, 2020. 2021, 223:7, eff. Aug. 24, 2021.