New York Codes, Rules and Regulations
Title 5 - DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter VIII - Office Of Waste Prevention Services
Part 71 - Agricultural Wastewater Energy Conservation Loan Program
Section 71.10 - Evaluation criteria
Universal Citation: 5 NY Comp Codes Rules and Regs ยง 71.10
Current through Register Vol. 46, No. 12, March 20, 2024
The department shall evaluate applications for program assistance using the following criteria:
(a) conformity with program eligibility requirements;
(b) soundness of the business enterprise;
(c) credit history;
(d) depth of management experience;
(e) ability to repay the loan;
(f) contribution of the project to local water quality improvement;
(g) the adequacy of the collateral available to secure the loan; and
(h) such other criteria as the department may deem appropriate.
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