{"data":{"id":"us-nc/n.c.-gen.-stat.-159g-36","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 159G-36","heading":"Limits on loans and grants.","body":"(a)\tCWSRF and DWSRF. - Federal law governs loans and grants from the CWSRF and the DWSRF. An award of a loan or grant from one of these accounts must be consistent with federal law.\n(b)\tCertain Reserve Cost Limit. - The amount of a loan or grant from the Wastewater Reserve or the Drinking Water Reserve may not exceed the construction costs of a project. A loan or grant from one of these Reserves is available only to the extent that other funding sources are not reasonably available to the applicant.\n(b1)\tViable Utility Reserve Cost Limit. - The amount of a grant from the Viable Utility Reserve shall not exceed the construction costs of a project. A grant from this Reserve is available only to the extent that other funding sources are not reasonably available to the applicant.\n(c)\tCertain Reserve Recipient Limit. - The following limits apply to the loan or grant types made from the Wastewater Reserve or the Drinking Water Reserve to the same local government unit or nonprofit water corporation:\n(1)\tThe amount of loans awarded for a fiscal year may not exceed three million dollars ($3,000,000).\n(2)\tThe amount of loans awarded for three consecutive fiscal years for targeted interest rate projects may not exceed three million dollars ($3,000,000).\n(3)\tThe amount of project grants awarded for three consecutive fiscal years may not exceed three million dollars ($3,000,000).\n(4)\tThe amount of merger/regionalization feasibility grants awarded for three consecutive fiscal years may not exceed fifty thousand dollars ($50,000).\n(5)\tThe amount of asset inventory and assessment grants awarded for three consecutive fiscal years may not exceed one hundred fifty thousand dollars ($150,000).\n(d)\tViable Utility Reserve Recipient Limit. - Grants under the Viable Utility Reserve are limited as follows:\n(1)\tGrants for the purposes set forth in subdivisions (1) through (5) of G.S. 159-32(d) shall not exceed fifteen million dollars ($15,000,000) to any single local government unit. Where two or more local government units are merging into a single utility, the total grant awarded shall not exceed thirty million dollars ($30,000,000).\n(2)\tGrants for the purpose set forth in G.S. 159G-32(d)(6) to any single local government unit shall not exceed seven hundred fifty thousand dollars ($750,000) in any fiscal year. (2005-454, s. 3; 2015-241, s. 14.13(i); 2019-241, s. 11(g); 2020-79, ss. 1(h), 6(a); 2023-134, s. 12.3(b); 2024-45, s. 14.)","path":["Chapter 159G. Water Infrastructure.","Article 2. Water Infrastructure Loans and Grants Administered by Department."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_159G/GS_159G-36.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:25:27Z","sha256":"1a5befeb3aa4cb2078d83293bc722600853938e5e39e267a7e0156894d88ec74","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-159g-35","next":"us-nc/n.c.-gen.-stat.-159g-37"},"notice":"GroundRules: Original legal text. Not legal advice."}
