- (a) Application forms. Applications shall be filed by applicants on forms prescribed by Commerce. Applications and other written communications relating to the program shall be addressed to the attention of the Texas Leverage Fund, Texas Department of Commerce, P.O. Box 12728, Austin, Texas 78711-2728. Applications shall be as complete as practicable, not requiring addendum in order to be approved. Requests for an application and program guidelines should also be sent to address indicated.
- (b) Assistance. Commerce staff will be available prior to submission of applications to assist applicants in determining program eligibility.
(c) Denial of application. Commerce may deny applications for program loans for the following reasons:
- (1) The applicant and/or the city do not submit all required information to Commerce.
- (2) The applicant and/or the city do not meet the minimum financial criteria established by Commerce for program loans under the program guidelines in effect at the time application is made.
- (3) Commerce is unable to approve program loans due to unavailability of funding.
Source Note:The provisions of this §181.6 adopted to be effective March 27, 1997, 22 TexReg 2871.