13 CFR 120.871 - Leasing part of Project Property to another business.

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§ 120.871 Leasing part of Project Property to another business.
(a) The costs of interior finishing of space to be leased out to another business are not eligible Project costs.
(b) Third-party loan proceeds used to renovate the leased space do not count towards the 504 first mortgage requirement or the Borrower's contribution.

Title 13 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 13 CFR Part 120.

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United States Code
Statutes at Large