Conn. Gen. Stat. § 8-240r

Current with legislation from the 2024 Regular and Special Sessions.

Section 8-240r - Criteria for grants to microloan generating organizations

The Community Economic Development Fund or any other regional revolving loan programs within the state shall consider the following criteria in making a grant to a microloan generating organization:

(1) Sources and sufficiency of operating funds for the microloan generating organization;

(2) The ability of the microloan generating organization to provide the services required under section 8-240q; and

(3) The proven ability of the microloan generating organization to identify and prepare successful applicants to economic assistance programs similar to the program established in section 8-240q.

Conn. Gen. Stat. § 8-240r

( P.A. 06-166, S. 4; P.A. 10-190, S. 6.)

Amended by P.A. 10-0190, S. 6 of the February 2010 Regular Session, eff. 6/9/2010.