1. A. The Authority may provide financial and technical assistance under the following programs if the Board determines funding is available:

   1. 1. Clean Water Revolving Fund and Clean Water Technical Assistance;
   2. 2. Drinking Water Revolving Fund and Drinking Water Technical Assistance;
   3. 3. Water Supply Development Revolving Fund;
   4. 4. Hardship Grant Fund;
   5. 5. Long-Term Water Augmentation Fund; and
   6. 6. Water Conservation Grant Fund.

2. B. Financial assistance available from the Authority includes any of the following:

   1. 1. Financial assistance loan repayment agreements;
   2. 2. The purchase or refinance of local debt obligations;
   3. 3. The guarantee or purchase of insurance for local obligations to improve credit market access or reduce interest rates;
   4. 4. Short-term emergency loan agreements in accordance with A.R.S. § 49-1269; and
   5. 5. Providing linked deposit guarantees through third-party lenders as authorized by A.R.S. §§ 49-1223(A)(6), 49-1243(A)(6), and 49-1273(A)(6).
3. C. Technical assistance available from the Authority includes planning and design assistance, staff assistance, and professional assistance. Technical assistance may be offered at the Board’s discretion.

Historical Note

Adopted effective September 18, 1997 (Supp. 97-3). Former R18-15-102 renumbered to R18-15-103; new Section made by final rulemaking at 16 A.A.R. 1709, effective October 9, 2010 (Supp. 10-3). Amended by final rulemaking at 24 A.A.R. 239, effective March 11, 2018 (Supp. 18-1). Amended by final expedited rulemaking at 30 A.A.R. 1982 (May 31, 2024), with an immediate effective date of May 7, 2024 (Supp. 24-2).