94- 457 C.M.R. ch. 314, § 2
Current through 2024-51, December 18, 2024
The program shall be administered by and is delegated to the Chief Executive Officer. The Authority may provide financial assistance in the form of a disbursement from the fund in an amount up to $3,500,000 to an eligible applicant, which may in turn, provide financial assistance to eligible borrowers in an amount up to $350,000 in the form of a loan, in accordance with the Act and this rule. The Authority may also provide financial assistance in the form of direct loans to borrowers for quality childcare projects.
94- 457 C.M.R. ch. 314, § 2