Section 369.410  Project Priority Determination

a)         Financial assistance from the WPCLP/the ARRA will be provided only to local government units for projects on the Project Priority List developed by the Agency pursuant to 35 Ill. Adm. Code 366.

b)         The Project Priority List sets out the priority for receipt of loans for each loan applicant.  Priorities will be established in accordance with 35 Ill. Adm. Code 366 after the receipt by the Agency of both loan pre-applications pursuant to Section 369.420 (Pre-Applications for Financial Assistance and Identification of Projects to be Funded) of this Part and approved facilities planning pursuant to Section 369.510 (Loan Applicant's Responsibilities During Facilities Planning) and Section 369.520 (State Environmental Review) of this Part.  For projects represented by loan pre-applications only, the Agency will provide limited priority scoring for inclusion of the project on the Project Priority List. 

c)         Projects included in the Intended Use Plan will be selected from projects on the Project Priority List in priority order, provided the project is scheduled to initiate construction by December 31, 2009.

d)        The available funds awarded for a project may be limited by the Agency to reflect the amount of funds needed to meet cash flow demands for that project during the current funding cycle or to meet the WPCLP/ARRA funding availability.  Any project that receives an adjustment to meet cash flow demands or the WPCLP/ARRA funding availability may have an opportunity for additional funding in future funding cycles as money becomes available.