Section R18-15-102. Types of Assistance Available

A.      The Authority may provide financial and technical assistance under the following programs if the Board or Committee, as applicable, determines funding is available:

1.        Clean Water Revolving Fund Program and Clean Water Technical Assistance Program,

2.        Drinking Water Revolving Fund Program and Drinking Water Technical Assistance Program,

3.        Water Supply Development Revolving Fund  Program and Water Supply Development Technical Assistance Program, and

4.        Hardship Grant Fund Program.

B.       Financial assistance available from the Authority includes any of the following:

1.        Financial assistance loan repayment agreements;

2.        Planning and design loan repayment agreements in accor- dance with A.R.S. § 49-1203(16) and (17);

3.        The purchase or refinance of local debt obligations;

4.        The guarantee or purchase of insurance for local obliga- tions to improve credit market access or reduce interest rates;

5.        Short-term emergency loan agreements in accordance with A.R.S. § 49-1269; and

6.        Providing linked deposit guarantees through third-party lenders as authorized by A.R.S. §§ 49-1223(A)(6), 49- 1243(A)(6), and 49-1273(A)(6).

C.      Technical assistance available from the Authority includes planning and design assistance grants, staff assistance, and professional assistance. Technical assistance may be offered at the Board’s or Committee’s discretion and shall be identified in the annual Technical Assistance Intended Use Plan as described in R18-15-502.

Historical Note

Adopted effective September 18, 1997 (Supp. 97-3). Former R18-15-102 renumbered to R18-15-103; new Section made by final rulemaking at 16 A.A.R. 1709, effective October 9, 2010 (Supp. 10-3).