CHAPTER 485-H PER AND POLYFLUOROALKYL SUBSTANCES (PFAS) FUND AND PROGRAMS
Section 485-H:5
485-H:5 Loan Principal Forgiveness Based Upon Need. –
I. 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.
Source. 2020, 30:4, eff. July 23, 2020. 2021, 223:7, eff. Aug. 24, 2021.