Oregon Records Management Solution

RE We are a go for the Jan EQC meeting--thanks for your help

DETP/19/25344

''Wednesday, July 24, 2019 at 11:55:43 AM (GMT+07:00) Goldstein, Meyer:'' Rule Caption: Clean Water State Revolving Fund Adm. Order No.: DEQ 9-2015 Filed with Sec. of State: 10-16-2015 Certified to be Effective: 10-16-15 Notice Publication Date: 8-1-2015 Rules Amended: 340-054-0005, 340-054-0010, 340-054-0011, 340-054-0015, 340-054-0022, 340-054-0025, 340-054-0026, 340-054-0027, 340-054-0036, 340-054-0056, 340-054-0060, 340-054-0065, 340-054-0071, 340-054-0072 Rules Repealed: 340-054-0100, 340-054-0102, 340-054-0104, 340-054-0106, 340-054-0108 Subject: DEQ proposes rules to for changes to the Clean Water State Revolving Fund program related to the 2014 federal Clean Water Act amendments. The rules will make the following changes to the program to align with new federal law and provide additional funding options for borrowers: - Longer financing terms to all eligible borrowers, - Larger amount of principal forgiveness available with a fairer process for allocating principal forgiveness, - Expanded eligibilities for projects including allowing for construction of new decentralized wastewater systems, - Incentives for selected projects in the form of lower interest rates, - Additional funding application requirements some of which encourage fiscal and environmental sustainability in project designs, others are specific to certain types of funding - Housekeeping items to simplify rules