RCW 70A.345.050 — Program administration—Loan origination fees. (Expires July 1, 2030.)
The agency shall partner and enter into a memorandum of agreement with the department of health to implement the revolving loan and grant program.
- (1) The agency shall approve recipients for loans and grants, structure funding offers to protect applicants with limited economic resources, and manage the work conducted under RCW 70A.345.030(1).
- (2) The department of health shall administer the loans and grants to qualified recipients as determined by the agency.
- (3) The department of health may collect, from persons requesting financial assistance, loan origination fees to cover costs incurred by the department of health in operating the financial assistance program.
- (4) The agency may use the moneys in the pollution liability insurance agency underground storage tank revolving account to fund the department of health's operating costs for the program.
[ 2020 c 310 s 7; 2020 c 20 s 1438; 2016 c 161 s 5. Formerly RCW 70.340.050.]
Notes:
Reviser's note:This section was amended by 2020 c 20 s 1438 and by 2020 c 310 s 7, each without reference to the other. Both amendments are incorporated in the publication of this section under RCW 1.12.025(2). For rule of construction, see RCW 1.12.025(1).
Effective date—2016 c 161 ss 1-13: See note following RCW 70A.345.010.