Ohio Admin. Code 164-1-38
Current through all regulations passed and filed through October 28, 2024
At the recommendation of the district and approval of the director, an applicant may receive funding in the form of a grant to pay the interest accruing on construction debt during the period of construction and prior to the issuance of post construction permanent financing by the commission. To qualify for this grant, construction must have commenced within three years prior to the date of the project agreement.
This grant may be applied for as part of a project which is eligible for a grant, loan or combination of a grant and loan, but requires a separate application to be submitted to the commission for consideration.
Ohio Admin. Code 164-1-38
Five Year Review (FYR) Dates: 02/15/2029
Promulgated Under: 119.03
Statutory Authority: 164.05, Chap. 119
Rule Amplifies: 164.05