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.(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.
Connecticut Legal Code
§ 8-240r
Connecticut Title 8 — Connecticut law
Source: https://www.cga.ct.gov/current/pub/chap_133a.htm#sec_8-240r· Version 2026