Connecticut § 8-240r Criteria for grants to microloan generating organizations.

Connecticut Statutes

§ 8-240r — Criteria for grants to microloan generating organizations.

Connecticut § 8-240r

Title 8Zoning, Planning, Housing and Economic and Community Development

Ch. 133aCommunity Economic Development Program

This text of Connecticut § 8-240r (Criteria for grants to microloan generating organizations.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 8-240r (2026).

Text

The Community Economic Development Fund or any other regional revolving loan programs within the state shall consider the following criteria in making a grant to a microloan generating organization:

(1)Sources and sufficiency of operating funds for the microloan generating organization;

(2)The ability of the microloan generating organization to provide the services required under section 8-240q ; and (3) The proven ability of the microloan generating organization to identify and prepare successful applicants to economic assistance programs similar to the program established in section 8-240q .

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The Community Economic Development Fund or any other regional revolving loan programs within the state shall consider the following criteria in making a grant to a microloan generating organization: (1) Sources and sufficiency of operating funds for the microloan generating organization; (2) The ability of the microloan generating organization to provide the services required under section 8-240q ; and (3) The proven ability of the microloan generating organization to identify and prepare successful applicants to economic assistance programs similar to the program established in section 8-240q .

Legislative History

(P.A. 06-166, S. 4; P.A. 10-190, S. 6.) History: P.A. 06-166 effective July 1, 2006; P.A. 10-190 added “or any other regional revolving loan programs within the state”, effective June 9, 2010.