(a) The department may (1) make loans for the construction, renovation, and equipping of child care facilities, including private nonprofit child care facilities; (2) adopt regulations necessary to carry out the provisions of AS 44.33.240 - 44.33.275, including regulations to establish reasonable fees for services provided and charges for collecting the fee; and (3) collect the fees and charges established under this subsection. (b) The department shall (1) develop eligibility standards for loans to child care facilities; (2) adopt guidelines for the determination of loan terms.
Alaska Legal Code