(a) Rural Services Block Grant Program grant funds will be awarded for the following project types:

1. (1) New construction or renovation of community centers or multipurpose-use buildings for the betterment of the community;
2. (2) New construction or renovation of fire stations; and
3. (3) The purchase of fire trucks, specialized equipment, and protective clothing worn by firefighters.

(b) Projects for the renovation or rehabilitation of existing buildings require the following:

1. (1) An inspection of the building conducted by an accredited asbestos inspector or management planner according to the Asbestos Hazard Emergency Response Act, 15 U.S.C. § 2641 et seq., guidelines;
2. (2) A signed waiver releasing and holding harmless the Rural Services Division of the Arkansas Economic Development Commission, the Arkansas Economic Development Commission, and their employees and agents of any liability arising from the removal or remediation of asbestos from a building whose renovation was fully or partially funded by this program; and
3. (3) Adequate justification that the cost and time associated with renovating a building containing asbestos is more cost effective than renovating a building that does not contain asbestos or new construction.