OAR 340-054-0005
Purpose

(1)

The rules in this division establish procedures and requirements for funding projects and activities that enhance, protect or restore water quality through the Water Pollution Control Revolving Fund, called the Clean Water State Revolving Fund.

(2)

This division:

(a)

Assists a public agency to obtain financing for a project that enhances, protects or restores water quality.

(b)

Ensures the loan application and funding processes, procedures and requirements are clear.

(c)

Promotes loan affordability by offering below-market interest rates.

(d)

Ensures CWSRF’s perpetuity for project funding reliability to provide loans for future projects that enhance, protect or restore water quality.

Source: Rule 340-054-0005 — Purpose, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=340-054-0005.

Last Updated

Jun. 8, 2021

Rule 340-054-0005’s source at or​.us