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Intended Use Plan for FY-2012 - Water Resources Board - State of ...

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“disadvantaged community” is defined as those communities with a medianhousehold income that is 85% <strong>of</strong> the national median household incomeaccording to the United <strong>State</strong>s Census Bureau. The extended financing willassist communities that have difficulty making higher debt service paymentsas long as the financing does not exceed the design life <strong>of</strong> the project. TheCWSRF program will continually evaluate the program’s capacity to ensurethat it does not decrease by more than 10% due to the <strong>of</strong>fering <strong>of</strong> extendedterm financing.Additionally, the OWRB has implemented a policy to provide low-interestloans to small communities (

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