New Hampshire § 485-H:5 Loan Principal Forgiveness Based Upon Need

New Hampshire Statutes

§ 485-H:5 — Loan Principal Forgiveness Based Upon Need

New Hampshire § 485-H:5

Title LWATER MANAGEMENT AND PROTECTION

Ch. 485-HPER AND POLYFLUOROALKYL SUBSTANCES (PFAS) FUND AND PROGRAMS

This text of New Hampshire § 485-H:5 (Loan Principal Forgiveness Based Upon Need) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 485-H:5 (2026).

Text

I.The department shall forgive up to 10 percent of the loan principal to municipalities, community water systems and non-profit, non-transient non-community water systems using the same qualifying standards for forgiveness used in the drinking water state revolving loan program established under RSA 486:14.

II.The department shall forgive up to 10 percent of the loan principal for publicly-owned and non-profit wastewater treatment facilities using the same qualifying standards for forgiveness used in the clean water state revolving loan program established under RSA 486:14.

III.Total loan forgiveness under this section shall not exceed $5 million.

Free access — add to your briefcase to read the full text and ask questions with AI

I. The department shall forgive up to 10 percent of the loan principal to municipalities, community water systems and non-profit, non-transient non-community water systems using the same qualifying standards for forgiveness used in the drinking water state revolving loan program established under RSA 486:14.
II. The department shall forgive up to 10 percent of the loan principal for publicly-owned and non-profit wastewater treatment facilities using the same qualifying standards for forgiveness used in the clean water state revolving loan program established under RSA 486:14.
III. Total loan forgiveness under this section shall not exceed $5 million.