Code of Maine Rules
94 - INDEPENDENT AGENCIES
089 - HISTORIC PRESERVATION COMMISSION
Chapter 815 - HISTORIC PRESERVATION REVOLVING LOAN FUND
Section 089-815-5 - APPLICATION PROCEDURE
Universal Citation: 94 ME Code Rules ยง 089-815-5
Current through 2024-38, September 18, 2024
Applicants are required to complete and submit the three part Historic Preservation Revolving Loan Fund Application with all checklist items in accordance with the application instructions.
1. PART 1
A. Information and materials submitted with
Part 1 of the Historic Preservation Revolving Loan Fund Application
(Application) will be used as the basis for:
(1) Evaluating the applicant organization's
status as a QO; and
(2)
Determining whether the property proposed for acquisition is an EHP, as defined
in Section 2; and
B.
Upon review of Part 1 of the Application, the Director will issue a written
response stating whether the applicant's organization is a QO, and whether the
subject property is an EHP. If the Director determines that the applicant
organization is a QO, and the property is an EHP, the QO may proceed to Part 2
of the Historic Preservation Revolving Loan Fund Application.
C. If the Director determines that the
applicant is not a QO or the property is not an EHP, the applicant may appeal
the determination to the Commission pursuant to Section 8.
2. PART 2
A. Information and materials submitted with
Part 2 of the Historic Preservation Revolving Loan Fund Application will be
used as the basis for evaluating the feasibility of acquiring and re-selling
the EHP, and assessing the level to which the proposal meets the Evaluation
Criteria in 5 MRSA §13056-F.5.
B. Upon review of Part 2 of the Application,
the Director will issue a written recommendation to the Commission for
consideration at its next regularly scheduled quarterly meeting, at which time
the Commission will either approve or reject the acquisition proposal.
C. Approval of Part 2 of the
Application authorizes the QO to submit documentation for payment of allowable
costs associated with Part 2 and 3 of the application, up to but not exceeding
$25,000.00.
3. PART 3
All of the items indicated under Part 3 of the Historic Preservation Revolving Loan Fund Application must be provided to the Director before any further payment from the Revolving Loan Fund will be made to the QO.
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