1. (a) The Board may provide subsidies for financial assistance for:

   1. (1) an entity that meets the affordability criteria established in this chapter and in the IUP for a Disadvantaged Community; or
   2. (2) an entity that meets the criteria established in the IUP for other subsidies allowed under the federal appropriations law or the capitalization grant.
2. (b) Total amount of subsidies. The total amount of subsidies may not exceed the percentages established by federal law or by the capitalization grant.

Source Note:The provisions of this §375.18 adopted to be effective September 8, 2010, 35 TexReg 8126.