ARPA RWAIG Financing

ARPA RWAIG Financing. The ARPA RWAIG fund has been established to provide grants to assist and encourage rural water associations to pursue projects to address drinking water system infrastructure needs. Conditions of these Grants are itemized in Rule 5.2.4 of these regulations. Basic ARPA RWAIG financing requirements are as follows: 1. ARPA RWAI grants may be limited at the discretion of the Department based on funds availability or as otherwise stated under state law. 2. For the first round, the maximum amount of funds that may be provided to any rural water association from all grants under the program is Two Million Five Hundred Thousand Dollars ($2,500,000.00). For the second round, the maximum amount of funds that may be provided to any rural water association from all grants under the program is Two Million Dollars ($2,000,000.00). 3. The applicant's project shall be able to initiate construction in a timely manner and complete the proposed project by the deadline specified by rules and guidelines of the United States Department of the Treasury for ARPA funds and set forth in House Bill 1421 of the Mississippi Legislature’s 2022 Regular Session. 4. Terms of any ARPA RWAIG assistance will be as established in the Grant agreement. 5. The applicant shall comply with the requirements of the ARPA and all applicable state and federal laws, requirements, and regulations. 6. The applicant shall not be in violation of any provision of a previously awarded grant of state or federal funds. 7. The applicant shall comply with any technical assistance recommendations provided by the Department. 8. Except for program administration expenses, funds will not be disbursed from the ARPA RWAIG until a Grant recipient has entered into a Grant agreement with the Board.