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N.C. Department of Environment and Natural Resources

NC Department of Environment and Natural Resources
Water Quality - State Loans and Grants

Water Quality

 

Phone: (919) 707-9160

Fax: (919) 715-6229

 

Physical Address:

8th Floor Archdale Building

512 N. Salisbury Street

Raleigh, NC  27604

 

Mailing Address:

1633 Mail Service Center

Raleigh, NC  27699-1633

 

 

North Carolina Revolving Loan and Grant Program

In 1987, the NC General Assembly created the North Carolina Revolving Loan and Grant Program to provide state financing for the construction of wastewater facilities. Funding for this program is dependent upon legislative appropriations and may not be available at all times. Eligible applicants are limited to units of local government who may apply for funding from any of three available funds:

  1. Low Interest Revolving Loans at one-half (1/2) of the market rate for wastewater collection and treatment facilities for up to a maximum of twenty (20) years. *New* - Units of Government that meet the high-unit cost threshold can receive an interest rate of 0%. See the rules governing the program for details.
  2. Low Interest Emergency Revolving Loans for certified water quality or public health emergencies associated with existing facilities.
  3. High-Unit Cost Grants for up to $3,000,000 per applicant over three fiscal years to make projects more affordable by keeping user fees at a reasonable level. To determine eligibility for high-unit cost grants, compare the monthly water and sewer rates for your local government unit to the average residential water and sewer bill. You may average up to one year of consecutive monthly averages.

 

Final Project List for March, 2011 TAG Applications

The Infrastructure Finance Section has completed reviews of the March, 2011 technical assistance grant (TAG) applications. Below is the final project list. Notification letters of either a Notice of Intent to Fund or a Notice of Unsuccessful Application are being mailed to all applicants. All available funds were awarded to category 1 projects in priority order. 

Final TAG project list March 2011 applications 

Final TAG project list March 2011 applications 


 
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