TITLE 35: ENVIRONMENTAL PROTECTION
SUBTITLE C: WATER POLLUTION
CHAPTER II: ENVIRONMENTAL PROTECTION AGENCY
PART 369 PROCEDURES FOR PROVIDING FINANCIAL ASSISTANCE FROM THE WATER POLLUTION CONTROL LOAN PROGRAM UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009
SECTION 369.480 PRINCIPAL FORGIVENESS
SUBTITLE C: WATER POLLUTION
CHAPTER II: ENVIRONMENTAL PROTECTION AGENCY
PART 369 PROCEDURES FOR PROVIDING FINANCIAL ASSISTANCE FROM THE WATER POLLUTION CONTROL LOAN PROGRAM UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009
SECTION 369.480 PRINCIPAL FORGIVENESS
Section 369.480 Principal Forgiveness
All financial assistance from the ARRA shall be in the form of a 0.00% interest loan with principal forgiveness of 50% of the total ARRA funded amount. Loan applicants with multiple projects will be limited by the aggregate amount of their projects in relation to these limitations.