Current through Register Vol. XLI, No. 50, December 13, 2024
Section 193-1-4 - Eligibility4.1. The borrower shall use the loan proceeds for the purchase of technology-related devices or services which will:4.1.a. Assist him or her to be independent through the purchase; and4.1.b. Assist him or her to become a more independent member of the community and improve his or her quality of life within the community.4.2. An applicant who has previously been rejected for a loan under the Technology-Related Assistance Revolving Loan Fund For Individuals With Disabilities may not reapply unless the new application represents a significant change from the rejected application. The Board shall determine whether or not to accept a new application.4.3. The Board shall not issue loans committing more than 20% of all available loan funds to nonprofit entities in a single year.