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<br />. <br /> <br />. <br /> <br />. <br /> <br />Page 3 - Policy # 4 <br />Creditworthiness <br /> <br />water rates necessary to establish creditworthiness prior to entering <br />into a loan contract with the CWCB, <br /> <br />The analysis of financial need will be based on all of the preceding <br />data as well as median household income for municipalities. It is <br />assumed that communities with a lower .median household income <br />as well as agricultural borrowers will have a greater need for <br />financial assistance. Agricultural and low-income municipal <br />project sponsors are eligible for the lowest lending rates and for a <br />higher priority in the list of projects recommended to the <br />legislature each year by the Board, <br /> <br />Revised 9/17/99 <br />WEG <br /> <br />3 <br />