Functional Area: Major Repair Challenges
Action Item 17
Seek/Obtain legislative authority for loan guarantees to facilitate private financing for water users’ share of major repair/extraordinary O&M costs, prepare for subsequent program implementation.
Team Lead: Sandie Simons, Manager, Contract Services Office, Office of Program and Policy Services
Team Members:
- Ed Warner, Resources Division Manager, Western Colorado Area Office, Upper Colorado Region
- Dawn Wiedmeier, Deputy Area Manager, Eastern Colorado Area Office, Great Plains Region
- Steve Hvinden, Deputy Area Manager, Boulder Canyon Operations Office, Lower Colorado Region
- Donna Tegelman, Regional Resources, Division of Resources Management, Mid-Pacific Region
- Mat Maucieri (Advisor), Congressional Affairs Office, Washington, D.C.
Objectives:
- Seek/Obtain legislative authority for a Reclamation-administered loan guarantee program to facilitate private financing for water users’ share of major repair/extraordinary O&M costs.
Tasks:
- Track legislation, e.g. S. 895.
- Learn from USDA Loan Program
- Develop draft guidelines for Reclamation-administered loan guarantee program
- Outreach to lending institutions
- Outreach to districts
- Outreach to tribes, States, and local governments
Milestones:
- Aug 2006: Guidelines for loan participants, regions, and lending institutions, and related documents will be available for review.
Products: (If you would like to provide comments on any draft products, visit the Draft Products page.)
Last Updated:
January 10, 2007