New York Codes, Rules and Regulations
Title 5 - DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter VIII - Office Of Waste Prevention Services
Part 71 - Agricultural Wastewater Energy Conservation Loan Program
Section 71.3 - Eligibility for program assistance
Universal Citation: 5 NY Comp Codes Rules and Regs ยง 71.3
Current through Register Vol. 46, No. 12, March 20, 2024
(a) The department may provide, within available appropriations, program assistance for a wastewater treatment project to an applicant which:
(1) is a business
engaged in food processing;
(2)
employs less than 500 workers or had gross annual sales of less than $10
million during the last fiscal year; and
(3) which owns the building to be improved or
has a lease or management agreement for such building.
(b) In order to receive program assistance, an applicant must demonstrate that its proposed wastewater treatment project:
(1) will result in energy cost savings equal
to the cost of the project within a period of not less than one year, nor more
than 10 years; and
(2) was not
commenced prior to the date of application to the department for program
assistance.
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