Authority staff will analyze and underwrite each potential
project and will make recommendations for funding assistance to the authority
board of directors. Authority staff will use such procedures and processes in
its underwriting and analysis as it deems necessary and appropriate in
connection with furthering the purposes of this program. In addition, the
authority anticipates that, because of the complex nature of each transaction
and the particular set of circumstances attributable to each particular
application/transaction, the terms and conditions of loans will vary from
project to project. The authority will make available its general operating
procedures and guidelines for this program.
Notes
Iowa Admin. Code
r. 265-43.6
ARC 9690B, lAB 8/24/11,
effective 8/18/11; ARC 9878B, lAB 11/30/11, effective
1/4/12
