R988-700-8

R988-700-8. Priority of Loan Disbursements in the Event of Limited Funds

Last amended: 2025Length: 55 wordsOfficial source

Cite as Utah Admin. Code R988-700-8

If requested loan amounts exceed the amount of available funds, the office shall fund loans in the order of the following priorities: (1) severity of loss; (2) urgency of loss, including financial need of the property owner; (3) impact of the loss on public health, safety, or essential services; and (4) date of loan application.
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