Oklahoma Administrative Code
Title 252 - Department of Environmental Quality
Chapter 633 - Drinking Water State Revolving Fund
Subchapter 3 - General Program Requirements
Section 252:633-3-8 - Types of assistance
Current through Vol. 41, No. 13, March 15, 2024
(a) Conditions. The DWSRF may be used for the following purposes if:
(b) Loans. The DWSRF may be used to make loans if:
(c) Refinance. The DWSRF may be used to buy or refinance the debt obligation of eligible applicants at or below market rates, when such debt obligations were incurred and construction started after July 1, 1993.
(d) Insurance. The DWSRF may be used to guarantee or purchase insurance for the applicant's local debt.
(e) Revenue. The DWSRF may be used as a source of revenue or security for payment of DWSRF debt obligations.
(f) Interest. The DWSRF may be used to earn interest on fund accounts.
(g) Appropriate uses. The DWSRF may be used for other purposes or in a manner as is determined by OWRB to be an appropriate use of the DWSRF and has been specifically approved by EPA pursuant to the federal Safe Drinking Water Act Amendments of 1996.
Added at 14 Ok Reg 1139, eff 3-18-97 (emergency); Added at 14 Ok Reg 1690, eff 6-2-97; Amended at 15 Ok Reg 1957, eff 6-1-98; Amended at 25 Ok Reg 1140, eff 7-1-08