In evaluating applications for financial assistance under this subchapter, the Board and staff shall consider at minimum:
- (1) The anticipated benefits arising from the financial assistance to the applicant, including both the potential impact on agricultural development and rural agriculture-related economic development;
- (2) The qualifications and eligibility of the applicant;
- (3) The applicant's ability to repay the financial obligation;
- (4) The demonstrated level of need for the Authority's financial assistance;
- (5) The funding needed for continued development;
- (6) The collateral offered by the applicant; and
- (7) The present involvement and support of local organizations.
Source Note:The provisions of this §28.77 adopted to be effective May 18, 2022, 47 TexReg 2856; amended to be effective March 18, 2026, 51 TexReg 1617.