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North Carolina Department of Environment Quality

NC Department of Environment and Natural Resources
Water Infrastructure - Repayments

Water Infrastructure

Repayments

The final promissory note will reflect repayments for the actual funds borrowed.  

  • Repayments are due on May 1 and November 1 each year.
  • The first repayment is due on whichever of the two repayment dates (May 1 or November 1) falls between 6 and 12 months after the original completion date noted in the Notice to Proceed.
  • The May 1 repayment includes principal and interest (when applicable).
  • The November 1 payment is usually only interest but could include principal.
  • Interest begins to accrue from the date of completion on the Notice to Proceed. There is no interest during the originally planned construction period.
  • For information or assistance with repayments, contact Jennifer House at 919-707-9161 or Jennifer.house@ncdenr.gov.

 

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 For assistance contact us at   

 919.707.9160

         

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N.C. Division of Water Infrastructure 

Mailing Address (USPS): 1633 Mail Service Center, Raleigh, North Carolina, 27699-1633    

Street Address (FedEx, UPS): 512 N. Salisbury St. 8th Floor, Raleigh, North Carolina, 27604

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