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Current as of January 01, 2025 | Updated by Findlaw Staff
The Community Economic Development Fund or any other regional revolving loan programs within the state shall consider the following criteria in making a grant to a microloan generating organization:
(1) Sources and sufficiency of operating funds for the microloan generating organization;
(2) The ability of the microloan generating organization to provide the services required under section 8-240q; and
(3) The proven ability of the microloan generating organization to identify and prepare successful applicants to economic assistance programs similar to the program established in section 8-240q.
Cite this article: FindLaw.com - Connecticut General Statutes Title 8. Zoning, Planning, Housing and Economic and Community Development § 8-240r. Criteria for grants to microloan generating organizations - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-8-zoning-planning-housing-and-economic-and-community-development/ct-gen-st-sect-8-240r/
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