605—16.4(29D) IUP contents.

1. 16.4(1)  Status and use of available funds. In addition to federal requirements, the IUP will identify the anticipated availability and uses of STRLF funds available for that fiscal year, including, at a minimum:

   1. a. The status of the STRLF,
   2. b. A method of prioritizing projects,
   3. c. The anticipated terms of assistance provided by the STRLF, and
   4. d. The anticipated amount of funding available from the STRLF for that fiscal year.
2. 16.4(2)  State PPL. The state PPL contains the projects eligible for STRLF direct loans. The PPL includes projects scheduled for loans from funds available during the fiscal year and eligible projects for which STRLF funding is not yet available. Projects or activities qualifying for STRLF assistance shall be identified in the IUP on the state PPL, developed pursuant to this chapter, and only those projects or activities may be considered fundable. Projects will be considered in priority order for placement on the fundable list. The PPL will be reviewed at least annually or quarterly as needed to update priorities, schedules, and project cost estimates.

3. 16.4(3)  Timing.

   1. a. Applications may be submitted on an ongoing basis and will be reviewed in accordance with the schedule in the IUP.
   2. b. Applications received after the IUP is submitted to FEMA will not be placed on the PPL for that quarter but will be considered for loan assistance when the next IUP is prepared.
   3. c. The department may exclude from the PPL any projects that do not meet program requirements at the time of application.

[ARC 9818C, IAB 12/10/25, effective 1/14/26]