Proposed rulemaking
Rulemaking contact: Chris Marko, 503-880-6060
The Oregon Department of Environmental Quality Clean Water State Revolving Fund program needs to conduct a rulemaking to modify requirements for the Clean Water State Revolving Fund program, Oregon Administrative Rules Chapter 340, Division 54 this year. The rulemaking will allow the program to provide more principal forgiveness for loans to finance water quality and infrastructure projects throughout Oregon. Oregon CWSRF can provide principal forgiveness to eligible borrowers that meet affordability criteria, projects that meet green project eligibility based on EPA criteria, or to address ratepayer hardship. Principal forgiveness is an incentive, particularly for disadvantaged communities, to utilize CWSRF financing for water quality and infrastructure improvement projects. The rule change will allow CWSRF to increase the amount of principal forgiveness for eligible borrowers, including disadvantaged communities, and ensure the program meets new federal requirements to provide more principal forgiveness in financing water pollution control projects in Oregon.
Advisory committee
DEQ is convening an advisory committee to review the technical issues and fiscal impacts related to the proposed rules. In convening this committee, DEQ has appointed members that reflect the range of entities that are both directly and indirectly affected by proposed changes to the rules.