13 CFR 306.3 - Application requirements.

Regulations last checked for updates: Jun 01, 2024

Title 13 - Business Credit and Assistance last revised: May 30, 2024

View all text of Subpart A [§ 306.1 - § 306.3]

§ 306.3 - Application requirements.

(a) EDA will provide Investment Assistance under this subpart for the period of time required to complete the Project's scope of work, generally not to exceed 12 to 18 months.

(b) For a Project of significant Regional or national scope, EDA may waive the requirement set forth in § 301.2(b) of this chapter that the non-profit organization act in cooperation with officials of a political subdivision of a State.

(c) The Investment Rate for Investments under this subpart shall be determined in accordance with § 301.4(b)(4) of this chapter.

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]

authority: 42 U.S.C. 3147; 42 U.S.C. 3196; 42 U.S.C. 3211; Department of Commerce Organization Order 10-4

source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.

cite as: 13 CFR 306.3