99-626 C.M.R. ch. 2, § 6 - COMMERCIAL FACILITIES DEVELOPMENT PROGRAM ADMINISTRATION
Current through 2022-14, April 6, 2022
A. Operating expenses of the Authority must
be charged to the Program and all repayments of financial assistance must be
credited to the Program. Expenses of the Authority that arise out of financial
assistance to Municipalities and Applicants under the Program may be charged
against any proceeds of the sale or lease of Projects.
B. In order to protect the integrity of the
Program, the Authority may charge Applicants such administration, servicing and
document preparation fees as the Authority deems reasonable.
Notes
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