# WAC 173-98-040: WAC 173-98-040. Revolving fund uses

> Washington · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_040

## Section

- **Citation:** WAC 173-98-040
- **Heading:** WAC 173-98-040. Revolving fund uses
- **Jurisdiction:** Washington
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Administrative Code / Title 173 / Chapter 173-98 / Section 173-98-040

## Text

The revolving fund may be used for the following purposes:
(1) To provide loans to finance the planning, design, and/or construction of water pollution control facilities;
(2) To provide loans for nonpoint source pollution control management projects that implement the Washington's Water Quality Management Plan to Control Nonpoint Sources of Pollution , and for developing and implementing a conservation and management plan under section 320 of the act;
(3) To buy or refinance the debt obligations incurred by applicants after March 7, 1985, for the construction of water pollution control facilities;
(4) To guarantee or buy insurance for local obligations to improve credit market access or reduce interest rates;
(5) As a source of revenue or security for the payment of principal and interest on revenue or general obligation bonds issued by the state if the proceeds of those bonds will be deposited in the revolving fund;
(6) To finance administration costs incurred by the department as authorized by the act and chapter 90.50A RCW; and
(7) To provide loan subsidies in the form of reduced interest rates and forgivable principal to public bodies for statewide, high-priority water quality projects that are consistent with the Clean Water Act, 33 U.S.C. 1251-1388.

## Nearby sections

- [WAC 173-98-010 WAC 173-98-010. Purpose](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_010.md)
- [WAC 173-98-020 WAC 173-98-020. Integrated funding approach](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_020.md)
- [WAC 173-98-030 WAC 173-98-030. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_030.md)
- [WAC 173-98-040 WAC 173-98-040. Revolving fund uses](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_040.md)
- [WAC 173-98-100 WAC 173-98-100. Eligible](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_100.md)
- [WAC 173-98-110 WAC 173-98-110. Ineligible](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_110.md)
- [WAC 173-98-200 WAC 173-98-200. Application for funding](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_200.md)
- [WAC 173-98-210 WAC 173-98-210. The department's responsibilities](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_210.md)
- [WAC 173-98-220 WAC 173-98-220. Final offer and applicant list](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_220.md)
- [WAC 173-98-230 WAC 173-98-230. Revolving fund intended use plan (IUP)](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_230.md)
- [WAC 173-98-300 WAC 173-98-300. Wastewater treatment facilities construction](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_300.md)
- [WAC 173-98-310 WAC 173-98-310. On-site sewage system repair and replacement programs](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_310.md)
- [WAC 173-98-320 WAC 173-98-320. Forgivable principal](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_320.md)
- [WAC 173-98-330 WAC 173-98-330. Preconstruction category](https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_330.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_ADC_173_98_040. Check the current official text before relying on it. Not legal advice.