Current through 2024-50, December 11, 2024
Section 457-326-5 - Criteria and ConsiderationsA. No application will be approved unless the MDEP and the Chief Executive Officerdetermine that the borrower is eligible and that the loan proceeds will be used for a project.B. No application will be approved unless the Chief Executive Officer determines that the application is complete and that information sufficient to make an informed decision on the application has been received.C. The Authority may rely upon information provided to it by the MDEP regarding whether a project is eligible. MDEP shall certify to the Authority the eligibility of applicants under Section 3(A) of this rule.94- 457 C.M.R. ch. 326, § 5