Legislation
SECTION 1836-D
Loan preferences
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 8, SUBTITLE 6
§ 1836-d. Loan preferences. In approving applications for loans under
this subtitle, the authority shall give preference to projects which:
1. have a higher level of funding from the funding partners;
2. have the most direct impact on local economic development and the
creation or retention of employment opportunities;
3. are most likely to stimulate other private sector investments; and
4. are least speculative, and provide greatest assurance of repayment
of the loan.
this subtitle, the authority shall give preference to projects which:
1. have a higher level of funding from the funding partners;
2. have the most direct impact on local economic development and the
creation or retention of employment opportunities;
3. are most likely to stimulate other private sector investments; and
4. are least speculative, and provide greatest assurance of repayment
of the loan.