SECTION 29.75. Methods of Providing Financial Assistance  


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  • The Commissioner may provide financial assistance to an Eligible Entity by:

    (1) extending credit by direct loan, based on the credit of the Eligible Entity;

    (2) providing a credit enhancement;

    (3) effectively lowering interest rates;

    (4) financing a purchase or lease agreement in connection with an economic or infrastructure development project; or

    (5) providing methods of leveraging money from sources other than this state that are related to the project for which assistance is provided.

Source Note: The provisions of this §29.75 adopted to be effective November 14, 2010, 35 TexReg 10043