4 Tex. Admin. Code § 28.77

Current through Reg. 49, No. 45; November 8, 2024

Section 28.77 - Evaluation Criteria

In evaluating applications for financial assistance under this subchapter, the board and staff shall consider at minimum:

(1) The anticipated benefits arising from the financial assistance to the applicant, including both the potential impact on agricultural development and rural economic development;

(2) The qualifications and eligibility of the applicant;

(3) The applicant's ability to repay the financial obligation;

(4) The demonstrated level of need for the Authority's financial assistance;

(5) The funding needed for continued development;

(6) The collateral offered by the applicant; and

(7) The present involvement and support of local organizations.

4 Tex. Admin. Code § 28.77

Adopted by Texas Register, Volume 47, Number 19, May 13, 2022, TexReg 2856, eff. 5/18/2022