VT Only Drinking Water SRF

The Vermont-only Drinking Water Revolving Loan Fund was established to provide loans to a municipality for the design, land acquisition, if necessary, and construction of a potable water supply when a household in the municipality has been disconnected involuntarily from a public water supply system for reasons other than nonpayment of fee.  The loan is to the municipality, not individual home owners.  Standard loan term is 20 year/3%.  The rate and term may be adjusted in accordance with program guidance documents.