Sec. 600.50 - Funding Limitations

ยง 600.50. Funding Limitations

In accordance with Section 9-5(b) of the Act, the Director will waive the funding limitation governing the amount of the equity and percentage of leverage when it is determined that these funding limitations would prohibit an otherwise approved project, in accordance with Sections 600.30 and 600.40, and subsequent job creation from occurring.

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