5 Colo. Code Regs. § 1002-52.7
Current through Register Vol. 47, No. 11, June 10, 2024
Section 5 CCR 1002-52.7 - DISADVANTAGED COMMUNITIES(1) Under the SDWA, states are authorized to provide loans at or below market interest rates, including interest free loans, at terms not to exceed 30 years.(2) The DWRF may provide additional loan subsidies for governmental entities or private nonprofit entities that are determined to be "disadvantaged." The definition/criteria of a disadvantaged community and the nature of the loan subsidies to be made available thereto shall be recommended for inclusion in the IUP by the Division and the Authority in consultation with the DLG.(3) While compiling projects on the Projected Loan List (utilizing the procedures listed in Section 52.6 above), the Division will identify the community projects that qualify for assistance under the Disadvantaged Communities Program in accordance with program definition/criteria.38 CR 17, September 10, 2015, effective 9/30/2015