Instructions for Illinois Water Pollution Control Loan Program (Wpclp) Application Package - Illinois

This document was released by Illinois Environmental Protection Agency and contains the most recent official instructions for Illinois Loan Program (Wpclp) Application Package .

FAQ

Q: What is the Illinois Water Pollution Control Loan Program (WPCLP)?A: The Illinois Water Pollution Control Loan Program (WPCLP) is a program that provides low-interest loans to local governments and wastewater treatment agencies for water pollution control projects.

Q: Who is eligible to apply for the WPCLP?A: Local governments and wastewater treatment agencies in Illinois are eligible to apply for the WPCLP.

Q: What types of projects are eligible for funding through the WPCLP?A: Projects that improve water quality, address water pollution, and enhance wastewater treatment facilities are eligible for funding through the WPCLP.

Q: What is the application process for the WPCLP?A: The application process for the WPCLP involves submitting a completed application package, including project description, cost estimates, and financial information, to the Illinois Environmental Protection Agency.

Q: What is the interest rate for WPCLP loans?A: The interest rate for WPCLP loans is typically below market rates and is determined by the Illinois Environmental Protection Agency.

Q: How is the repayment of WPCLP loans structured?A: Repayment of WPCLP loans is typically structured through long-term, low-interest loans with flexible repayment terms.

Q: Are there any matching requirements for WPCLP funding?A: Yes, there is a minimum required local match of 20% for WPCLP funding.

Q: Can private entities apply for WPCLP funding?A: No, only local governments and wastewater treatment agencies are eligible to apply for WPCLP funding.