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 .1804 - SIZE OF LOAN APPROVALS
Universal Citation: 04 NC Admin Code 19L .1804
Current through Register Vol. 39, No. 6, September 16, 2024
(a) Maximum and minimum loan amounts as set by the General Assembly shall be published by the Division in the annual CDBG Consolidated Plan Action Plan, part of the North Carolina Consolidated Plan.
(b) Development Loan Funds approved shall not count toward a community's receipt of CDBG funds in any program year as outlined in Rule .0403 of this Subchapter.
Authority
G.S.
143B-431;
24 C.F.R.
570 Subpart M;
Eff. August 1,
1998;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. March 6,
2018.
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