Section 29.28 - Criteria for a RED C4T Investment In evaluating and selecting applications for an investment under this program, the Department shall consider:
(1) The anticipated benefits arising from the investment to the applicant, including both the potential impact on agricultural development and rural economic development;(2) The qualifications of the applicant; (3) The ability of the applicant to leverage its own funds with RED C4T funds to ensure RED C4T funds are mobilized;(4) The applicant's ability to administer RED C4T funds;(5) The extent and level of other funding sources for the applicant;(6) The applicant's ability to meet the program's objectives including current and previous success in supporting agricultural development and/or rural economic development; and(7) The applicant's present involvement with related local organizations.4 Tex. Admin. Code § 29.28
Adopted by Texas Register, Volume 45, Number 52, December 25, 2020, TexReg 9409, eff. 12/29/2020