Sec. 8-240r. Criteria for grants to microloan generating organizations.
Sec. 8-240r. Criteria for grants to microloan generating organizations. The
Community Economic Development Fund shall consider the following criteria in making a grant to a microloan generating organization:
(1) Sources and sufficiency of operating funds for the microloan generating organization;
(2) The ability of the microloan generating organization to provide the services
required under section 8-240q; and
(3) The proven ability of the microloan generating organization to identify and
prepare successful applicants to economic assistance programs similar to the program
established in section 8-240q.
(P.A. 06-166, S. 4.)
History: P.A. 06-166 effective July 1, 2006.