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Loan Principal Forgiveness Based Upon Need.

RSA 485-H:5
in effect
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485-H:5. Loan Principal Forgiveness Based Upon Need. I. The department shall forgive up to 10 percent of the loan principal to municipalities, community water systems and non-profit, non-transient non-community water systems using the same qualifying standards for forgiveness used in the drinking water state revolving loan program established under RSA 486:14. II. The department shall forgive up to 10 percent of the loan principal for publicly-owned and non-profit wastewater treatment facilities using the same qualifying standards for forgiveness used in the clean water state revolving loan program established under RSA 486:14. III. Total loan forgiveness under this section shall not exceed $5 million. Source. 2020, 30:4, eff. July 23, 2020. 2021, 223:7, eff. Aug. 24, 2021.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/L/485-H/485-H-5.htmFetched: 10/20/2026

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