Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 10 - Economic Development
Chapter 78 - Alternative Energy Loans
3 AAC 78.010 - Application process
Universal Citation: 3 AK Admin Code 3 AAC 78.010
Current through February 27, 2024
(a) To apply for a loan for the purchase, construction, and installation of alternative energy systems or energy conservation improvements in commercial buildings, an applicant shall file with the department
(1) a completed application
for an alternative energy conservation loan, on a form provided by the
department;
(2) a letter of intent
stating the amount requested and intended use consistent with
AS
45.88.010-45.88.090 of the proposed loan
money on a form provided by the department;
(3) an energy audit, a conceptual design and
engineering feasibility report, manufacturer's specifications, or other proof
of concept or conservation acceptable to the department;
(4) copies of cost estimates, invoices, or
other documentation to verify the cost of any equipment being purchased and
installed with loan proceeds;
(5)
an individual financial statement, on a form provided by the
department;
(6) a business
financial statement, on a form provided by the department;
(7) a signed credit authorization, on a form
provided by the department, for any individual, institution, or other person to
release to the department credit information concerning the
applicant;
(8) a copy of the
applicant's federal income tax return for the preceding year, as necessary to
verify the applicant's income; if a federal income tax return for the preceding
year is not available, the department will request copies of federal income tax
returns for earlier years or other documentation to verify the applicant's
income;
(9) a signed consent, on a
form provided by the department, for the department to obtain information from,
or release information to, other government agencies;
(10) a schedule of collateral on a form
provided by the department;
(11)
the application fee required by
3
AAC 78.075(e); and
(12) any other information that might be
helpful to the applicant in qualifying for an assumption, as requested by the
department.
(b) An applicant who submits a false sworn or unsworn statement on or in support of a loan application is subject to AS 11.56.200-11.56.210 and may be denied any future loans.
Authority:AS 45.88.020
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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