Purpose
Primarily to limit the Fund's overexposure and to offer greater control over the demands for funding, the proposed rule chapter incorporates a major restructuring. It has been expanded to incorporate a more rigorous priority scoring system designed to allow only the higher priority projects to be listed for funding. The priority system will be revised and the priority score calculation will be changed. Preconstruction loans will be replaced by separate loans for planning, design, and sanitary sewer evaluation studies, and loans specifically for inflow and infiltration projects will also be available. In addition to the segment cap limit, the total amount listed on the contingency list for any one project sponsor will be limited. Procedures are being added to accommodate certain federal provisions regarding Green Project Reserve and Additional Subsidization, if they are required.