There is established a Hawaii water infrastructure loan program, which shall be a loan program as defined under § 39-51. The program shall be administered by the department in a manner consistent with chapter 39, part III. This loan program may include:

(1) Loans made, on terms approved by the department, to:

Terms Used In Hawaii Revised Statutes 155-32

  • Department: means the department of agriculture. See Hawaii Revised Statutes 155-31
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • loan program: means the program established by this part and loans made to finance the purchase or installation of water infrastructure equipment for dams, reservoirs, hydroelectric pumping, storm water reclamation, ditch maintenance, spillways, wells, water ducts, water distribution systems, and water tanks. See Hawaii Revised Statutes 155-31
  • Water infrastructure equipment: means infrastructure improvements, equipment, and personal property to be installed for dams, reservoirs, hydroelectric pumping, storm water reclamation, ditch maintenance, spillways, wells, water ducts, water distribution systems, and water tanks. See Hawaii Revised Statutes 155-31
(A) Private entities, whether corporations, partnerships, limited liability companies, or other persons, which entities may lease or provide water infrastructure equipment to utility customers; and
(B) Water utilities; and
(2) Direct loans to utility customers, on terms approved by the department.