Sec. 8-240r. Criteria for grants to microloan generating organizations. - Connecticut Statutes

      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.