Wis. Admin. Code NR 162.01

Types of financial assistance available

Last amended: 2023Year: 2026Length: 226 wordsOfficial source

Cite as Wis. Admin. Code NR § 162.01

Types of financial assistance available. Types of financial assistance available. The department and DOA may, subject to applicable requirements of ss. 281.58 and 281.59 , Stats., and ch. Adm 35 , provide to an eligible applicant for a scored project any of the following types of financial assistance unless the project reaches substantial completion more than 3 years prior to the date the applicant submits a complete application for financial assistance under s. NR 162.05 (4) or the applicant already has long-term affordable debt outstanding for a project that is already complete or has reached substantial completion prior to the application submittal date: (1) Subject to the limits established in s. NR 162.04 (3) , the purchase or refinance of a municipality’s interim debt. (2) The guarantee of, or purchase of insurance for, municipal obligations for construction of a treatment works or BMP if the guaranteed or purchased insurance would improve credit market access or reduce interest costs on the municipal obligations. (3) Loans at or below the market interest rate. (4) Interest rate subsidies under subch. IV . (5) Using funds received as federal capitalization grants, any other type of assistance that is consistent with the federal program for state water pollution control revolving funds under 33 USC 1381 to 1387 or any other federal law providing funding for or otherwise relating to that program.
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