Business Council

Wyoming Partnership Challenge Loan Program

Effective Date: 08/19/2022 to Current

Rule Type: Current Rules & Regulations

Reference Number: 085.0017.2.08192022

CHAPTER 2

PARTNERSHIP CHALLENGE LOANS

Section 1. Special Requirements.

(a) The total loan amount to a single community development organization shall not exceed one million dollars ($1,000,000.00) or three million five hundred thousand dollars ($3,500,000.00) to a state development organization as referenced in Chapter 1, Section 6(c)(i) of these Rules.

(b) The community development organization or the state development organization shall contribute not less than twenty percent (20%) of a partnership challenge loan per Chapter 1, Section 6(c)(xii) of these Rules.