Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 4. AGRICULTURE |
PART 1. TEXAS DEPARTMENT OF AGRICULTURE |
CHAPTER 29. ECONOMIC DEVELOPMENT |
SUBCHAPTER E. RURAL ECONOMIC DEVELOPMENT AND INVESTMENT PROGRAM |
SECTION 29.75. Methods of Providing Financial Assistance
Latest version.
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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