Minnesota Administrative Rules
Agency 140 - Urban Initiative Board
Chapter 4355 - URBAN CHALLENGE GRANT PROGRAM
Part 4355.0100 - PURPOSE

Universal Citation: MN Rules 4355.0100

Current through Register Vol. 49, No. 13, September 23, 2024

The purpose of this chapter is to establish:

A. procedures for use of the revolving loan fund under Minnesota Statutes, section 116M.18;

B. procedures for the Urban Initiative Board to certify and enter into agreements with nonprofit corporations; and

C. procedures for nonprofit corporations to make loans to eligible businesses.

Statutory Authority: MS s 116M.18

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