Code of Maine Rules
94 - INDEPENDENT AGENCIES
457 - FINANCE AUTHORITY OF MAINE (FAME)
Chapter 326 - COMPLIANCE ASSISTANCE LOAN PROGRAM
Section 457-326-5 - Criteria and Considerations
Universal Citation: 94 ME Code Rules ยง 457-326-5
Current through 2024-38, September 18, 2024
A. No application will be approved unless the MDEP and the Chief Executive Officerdetermine that the borrower is eligible and that the loan proceeds will be used for a project.
B. No application will be approved unless the Chief Executive Officer determines that the application is complete and that information sufficient to make an informed decision on the application has been received.
C. The Authority may rely upon information provided to it by the MDEP regarding whether a project is eligible. MDEP shall certify to the Authority the eligibility of applicants under Section 3(A) of this rule.
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