(a) There is only one (1) category of loans for which application may be made.
(b) Annual loans. Projects funded during a regular annual loan cycle with projects and expenditures occurring between July 1 and the following June 30.
(c) Origination fees.
(1) The Building Authority Division shall credit an origination fee to the Building Authority Division Maintenance Fund for expenses associated with the administration of the Sustainable Building Design Program for State Agencies.
(2)
(A) Applicant agencies shall remit an origination fee of one-half percent (.5%) of the requested amount of the loan.
(B) However, no origination fee may exceed two thousand five hundred dollars ($2,500) per loan application.
(d) The term for repayment of the loan shall not exceed ten (10) years.
(e) A state agency shall certify that it will not make additional requests from general revenue for funding to be used for repayment of the project loan.