Instructions for Illinois Public Water Supply Loan Program (Pwslp) Application Package - Illinois

This document was released by Illinois Environmental Protection Agency and contains the most recent official instructions for Illinois Loan Program (Pwslp) Application Package .

FAQ

Q: What is the Illinois Public Water Supply Loan Program?
A: The Illinois Public Water Supply Loan Program (PWSLP) is a program that provides financial assistance to public water systems in Illinois.

Q: What is the purpose of the PWSLP?
A: The purpose of the PWSLP is to provide low-cost loans to help public water systems finance infrastructure improvements and achieve compliance with state and federal drinking water regulations.

Q: Who is eligible for the PWSLP?
A: Public water systems in Illinois that meet certain criteria are eligible for the PWSLP.

Q: How can a public water system apply for the PWSLP?
A: Public water systems can apply for the PWSLP by submitting a completed application package to the Illinois Environmental Protection Agency (EPA).

Q: What documents are included in the PWSLP application package?
A: The PWSLP application package includes instructions, application forms, and additional documentation requirements.

Q: What types of projects are eligible for PWSLP funding?
A: Projects that address infrastructure needs or improve compliance with drinking water regulations are eligible for PWSLP funding.

Q: What is the interest rate for PWSLP loans?
A: The interest rate for PWSLP loans is typically below market rate, making it an affordable option for public water systems.

Q: How long does the application process take?
A: The application process can take several months to complete, depending on the complexity of the project and the availability of funding.

Q: Is there a deadline to submit the PWSLP application?
A: There is no specific deadline to submit the PWSLP application, but funding is limited and awarded on a first-come, first-served basis.

Q: Are there any additional requirements or obligations for PWSLP loan recipients?
A: Yes, PWSLP loan recipients are required to comply with reporting and record-keeping requirements, and must repay the loan according to the terms outlined in the loan agreement.