"Eligible facility", a building, structure or site that is, or will be, owned, leased or otherwise used by 1 or more eligible organizations and licensed by the department; provided, that at least 50 per cent of the slots in the facility shall serve low-income families who are eligible for public subsidy; provided further, that leased facilities shall have a lease term that is consistent with the scale of the capital investment, but shall not be less than 15 years; and provided further, that municipally-owned buildings shall be eligible provided that there is dedicated single purpose space for licensed early education or out of school time programs.
"Eligible organization", a non-profit corporation that is exempt from income taxation under chapter 180 or an organization in which a non-profit corporation has a controlling financial or managerial interest and such corporation or organization is, at the time of its initial application, providing early care and education or out-of-school-time care for low-income families who are eligible for a public subsidy.
"Eligible project", the acquisition, design, construction, repair, renovation, recovery from a natural or man-made disaster, rehabilitation or other capital improvement or deferred maintenance of an eligible facility.
"Grant", a direct grant of capital funds to an applicant for payment of the costs of an eligible project.
Mass. Gen. Laws ch. 15D, § 18