Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 1836-D
Loan preferences
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 8, SUBTITLE 6
§ 1836-d. Loan preferences. In approving applications for loans under
this subtitle, the authority shall give preference to projects which:

1. have a higher level of funding from the funding partners;

2. have the most direct impact on local economic development and the
creation or retention of employment opportunities;

3. are most likely to stimulate other private sector investments; and

4. are least speculative, and provide greatest assurance of repayment
of the loan.