Minnesota Administrative Rules
Agency 170 - Public Facilities Authority
Chapter 7380 - LOAN PROGRAMS
CLEAN WATER REVOLVING FUND
Part 7380.0400 - PURPOSE
The clean water revolving fund provides loans and other forms of financial assistance to eligible applicants to plan, design, and construct municipal wastewater or storm water systems, or nonpoint source pollution control. Under the provisions of the act and Minnesota Statutes, section 446A.07, the authority receives capitalization grants from the United States Environmental Protection Agency and is responsible for managing the fund in perpetuity, including making loans to eligible borrowers and receiving debt service payments. Parts 7380.0400 to 7380.0480 provide for the authority's administration of its responsibilities under Minnesota Statutes, section 446A.07. The Pollution Control Agency also has administrative responsibilities under Minnesota Statutes, section 446A.07, including determining project priorities and approving projects prior to the award of financial assistance by the authority. Parts 7077.0100 to 7077.0292 provide for the administration of the Pollution Control Agency's responsibilities.
Statutory Authority: MS s 446A.07; 446A.071; 446A.081; 446A.11