Application Process

Section 663.160  Application Process a)         In order to receive a loan under this Part, loan applicants must apply with the Agency using the loan application process outlined in Subpart C.  The process requires that: 1)         the loan applicant submit a Funding Nomination Form pursuant to Section 663.310; 2)         the loan applicant submit a Project Plan pursuant to Section 663.320; 3)         the Agency conducts a State environmental review of the Project under Section 663.330; 4)         the Agency place the Project on the Project Priority List pursuant to Section 663.340; and 5)         the loan applicant submit the following information : A)        a loan application as required by Section 663.350(a); B)        contracts for personal or professional services, as required by Section 663.350(b); C)        pre-bidding plans and specifications with certification form, as required by Section 663.350(c); and D)        bidding evaluation and certification forms, as required by Section 663.350(d). b)         Loan applicants shall not execute a notice to proceed authorizing the initiation of construction until the loan agreement has been fully secured and executed.