North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 19 - RURAL ECONOMIC DEVELOPMENT
Subchapter L - NORTH CAROLINA COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
Section .1800 - NORTH CAROLINA DEVELOPMENT LOAN FUND
Section 19L .1802 - ELIGIBLE ACTIVITIES
Current through Register Vol. 39, No. 6, September 16, 2024
(a) This section incorporates by reference as eligible activities those activities described in the Housing and Community Development Act of 1974, as amended, including subsequent amendments and editions under Section 108 and in 24 CFR 570.703.
(b) G.S. 143B-431(d)(3) - further limits eligibility by finding that hotels, motels, private recreational facilities, private entertainment facilities and convention centers are ineligible for Development Loan Funds.
(c) Copies of these sections of state and federal law and regulation are available for public inspection from the Division of Community Assistance.
Authority
G.S.
143B-431;
24 C.F.R.
570.703;
Eff. August 1,
1998;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. March 6,
2018.
