250 R.I. Code R. 250-RICR-110-00-4.4

Current through November 7, 2024

Section 250-RICR-110-00-4.4 - Allocation of Funds

A. Grant Funding Allocation: The Department shall schedule the number, frequency and duration of grant funding rounds consistent with the "State Capital Budget Plan." The Department may establish a maximum per project funding level for any given grant round.

B. Loan Funding Allocation: The Department may set the maximum amount of funds available for loan during each calendar year from the revolving loan funds.

250 R.I. Code R. 250-RICR-110-00-4.4