Projects must undergo an environmental review by the Environmental Protection Division of the State of Georgia and meet the facilities planning requirements. If the project exceeds the grant maximum of $100,000, and the balance of required funding is to be provided by a GEFA loan, the local government must undergo a financial review by GEFA Finance Department and achieve a debt coverage ratio of 105%.
Ga. Comp. R. & Regs. R. 267-25-.07
Authority O.C.G.A. Sec. 50-23-5.