Current through Register Vol. 1, January 10, 2025
Rule 8.97.314 - ALLOCATION OF CAPACITY(1) If the bond capacity of the board is not sufficient to finance all eligible projects, the board, in determining which projects to fund, shall consider the following: (a) the order in which the applications are submitted;(b) the availability of financing through one of its other programs;(c) the availability of tax-exempt financing through another issuer; and(d) the degree to which the project meets the policies set forth in 17-5-1502, MCA, of the Act.Transfer from 8.97.1704, 2021 MAR p. 466, Eff. 5/1/2021AUTH: 17-5-1504, 17-5-1521, MCA; IMP: 17-5-1504, 17-5-1521, MCA