§ 14-230-108. Criteria for selection of loan and grant recipients

AR Code § 14-230-108 (2018) (N/A)
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(1) The financial ability of the eligible applicant to provide the funds for the project;

(2) The burden placed on low income, elderly, or unemployed persons if an eligible applicant constructs a water, sewer, or solid waste management system and pays for the project through user fees, or taxes, or both;

(3) Evaluations and priorities as enunciated in the Arkansas State Water Plan;

(4) State and regional priorities and requirements as recommended by appropriate state and regional agencies;

(5) The amount of fair user charges or other revenues which the project may reasonably be expected to generate; and

(6) The funds necessary to amortize the initial cost and provide for the successful operation and maintenance of the project, including depreciation.