North Carolina § 159G-31 - Entities eligible to apply for loan or grant.

§ 159G-31. Entities eligible to apply for loan or grant.

A local government unit or a nonprofit water corporation is eligible to apply for a loan or grant from the CWSRF, the DWSRF, the Wastewater Reserve, or the Drinking Water Reserve. An investor-owned drinking water corporation is also eligible to apply for a loan or grant from the DWSRF. Other entities are not eligible for a loan or grant from these accounts. Entities eligible in subsection (a) of this section for grants from the Wastewater Reserve and the Drinking Water Reserve may be limited, based on affordability, to a portion of the total construction costs for the project types defined in G.S. 159G-33(a)(2) and G.S. 159G-34(a)(2). To the extent that funds are available, loans shall be considered for the portion of construction costs not eligible for grant funding. A local government unit is eligible to apply for a grant from the Viable Utility Reserve. The Local Government Commission may submit an application on behalf of a distressed unit for an emergency grant from the Viable Utility Reserve to cover operating deficits of that local government unit's public water system or wastewater system, and any such application shall be deemed approved by the Local Government Commission upon submission. History (2005-454, s. 3; 2011-145, s. 13.11A(b); 2015-241, s. 14.13(c2); 2019-241, s. 11(h); 2020-79, ss. 1(d), 6(a).) Editor's Note. - Session Laws 2015-241, s. 1.1, provides: "This act shall be known as 'The Current Operations and Capital Improvements Appropriations Act of 2015.'" Session Laws 2015-241, s. 33.6, is a severability clause. Session Laws 2019-241, s. 11(h), amended this section by adding a subsection (e), contingent upon 2019 SB 553 or 2019 HB 966 or substantially similar provision becoming law. SB 553 and HB 966 were both vetoed, and the General Assembly failed to override. Session Laws 2020-79, s. 6(a), repealed Session Laws 2019-241, s. 11(h). Effect of Amendments. - Session Laws 2011-145, s. 13.11A(b), effective July 1, 2011, added the second sentence. Session Laws 2015-241, s. 14.13(c2), effective July 1, 2015, added the subsection (a) designation and added subsections (b) and (c). Session Laws 2020-79, s. 1(d), effective July 1, 2020, added subsections (d) and (e).