- (a) The Board may offer financial assistance up to 30 years for the planning, acquisition, design, and/or construction of a project, in accordance with the Act and the IUP under which the project received funding.
- (b) Notwithstanding the terms in subsection (a) of this section, the term of financial assistance offered may not exceed the expected design life of an eligible project.
Source Note:The provisions of this §375.17 adopted to be effective September 8, 2010, 35 TexReg 8126; amended to be effective September 11, 2014, 39 TexReg 7171.