ADEM Form 339 Clean Water State Revolving Fund (Cwsrf) Loan Application - Alabama

What Is ADEM Form 339?

This is a legal form that was released by the Alabama Department of Environmental Management - a government authority operating within Alabama. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is ADEM Form 339?A: ADEM Form 339 is the application form for the Clean Water State Revolving Fund (CWSRF) Loan in Alabama.

Q: What is the Clean Water State Revolving Fund (CWSRF) Loan?A: The Clean Water State Revolving Fund (CWSRF) Loan is a low-interest loan program that helps fund water quality improvement projects in Alabama.

Q: What can the CWSRF Loan be used for?A: The CWSRF Loan can be used to fund projects that improve water quality, such as wastewater treatment upgrades and stormwater management.

Q: Is the CWSRF Loan available to individuals?A: No, the CWSRF Loan is not available to individuals. It is only available to local governments, public utilities, and non-profit organizations in Alabama.

Q: What is the interest rate on the CWSRF Loan?A: The interest rate on the CWSRF Loan is typically lower than market rates and is determined based on the project's creditworthiness.

Q: Can the CWSRF Loan be forgiven?A: No, the CWSRF Loan cannot be forgiven. It is a loan that must be repaid over a specified period of time.

Q: What is the purpose of ADEM Form 339?A: The purpose of ADEM Form 339 is to collect information about the project and the applicant in order to evaluate their eligibility for the CWSRF Loan.

Q: Are there any fees associated with the CWSRF Loan?A: Yes, there are fees associated with the CWSRF Loan, such as an application fee and an annual service fee. These fees help cover the costs of administering the loan program.

Q: Can the CWSRF Loan be used for drinking water projects?A: No, the CWSRF Loan is specifically for projects that improve water quality, and it cannot be used for drinking water projects.