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Funding Application - State Revolving Loan Programs is a legal document that was released by the Vermont Department of Environmental Conservation - a government authority operating within Vermont.
Q: What is a State Revolving Loan Program?
A: A State Revolving Loan Program is a funding program offered by states to help finance water infrastructure projects.
Q: What types of projects can be funded through Vermont's State Revolving Loan Program?
A: Vermont's State Revolving Loan Program can fund projects related to drinking water systems, wastewater systems, stormwater systems, and nonpoint source pollution control.
Q: Who is eligible to apply for funding through Vermont's State Revolving Loan Program?
A: Public entities, such as municipalities, water districts, and regional agencies, are typically eligible to apply for funding through Vermont's State Revolving Loan Program.
Q: How can I apply for funding through Vermont's State Revolving Loan Program?
A: To apply for funding, you will need to submit a completed application form, along with supporting documentation, to the appropriate state agency administering the program.
Q: What is the interest rate for loans through Vermont's State Revolving Loan Program?
A: The interest rate for loans through Vermont's State Revolving Loan Program varies and is typically lower than market rates.
Q: Can private entities apply for funding through Vermont's State Revolving Loan Program?
A: Private entities are generally not eligible to apply for funding through Vermont's State Revolving Loan Program, as it is primarily intended for public entities.
Q: Are there any priority areas for funding within Vermont's State Revolving Loan Program?
A: Vermont's State Revolving Loan Program may prioritize funding for projects that address public health mandates, promote energy efficiency, or address targeted waterbodies.
Q: What is the repayment period for loans through Vermont's State Revolving Loan Program?
A: The repayment period for loans through Vermont's State Revolving Loan Program can vary, but it is typically 20 to 30 years.
Q: Can funds from Vermont's State Revolving Loan Program be used for land acquisition or staff salaries?
A: No, funds from Vermont's State Revolving Loan Program cannot be used for land acquisition or staff salaries. They are specifically intended for water infrastructure projects.
Q: Are there any requirements for environmental review as part of the funding application process?
A: Yes, applicants for funding through Vermont's State Revolving Loan Program may need to comply with environmental review requirements, such as the National Environmental Policy Act (NEPA).
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Vermont Department of Environmental Conservation.