(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.
Structure Alaska Statutes
Chapter 33. Department of Commerce, Community, and Economic Development
Article 4. Child Care Facility Revolving Loan Fund.
Sec. 44.33.240. Child care facility revolving loan fund.
Sec. 44.33.242. Special account established.
Sec. 44.33.245. Powers and duties of the department in administering the fund.
Sec. 44.33.260. Eligibility for loans.
Sec. 44.33.270. Sale or transfer of mortgages and notes.
Sec. 44.33.272. Disposal of property acquired by default or foreclosure.