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Lending Procedures of the Main Street Revolving Loan Fund | Midpage
Collections
New Mexico Administrative Code
Title 12
Chapter 21
Part 3
Lending Procedures of the Main Street Revolving Loan Fund
State of New Mexico
1
Issuing Agency
2
Scope
3
Statutory Authority
4
Duration
5
Effective Date
6
Objective
7
Definitions
8
Msrl Fund Contributions to the Loan Pool and the Loan Pool
9
Eligibility of Property
10
Eligibility of Property Owners
11
Msrl Contributions - Eligible Costs
12
Msrl Contributions - Ineligible Costs
13
Committee and Division Procedures
14
Priority Ranking of Main Street Projects and Preliminary Loan Application Form
15
Lending Institution's Procedures
16
Property Owner's Collateral Security Interest
17
Lending Institution's Loan Processing Fees and Related Charges
18
Msrl Loan Amount and Repayment by Property Owner
19
Msrl Standards for Rehabilitation
20
Compliance with Msrl Standards, Inspection and Reporting Requirements
21
Agreement Provision Variances