Sec. 19611.
(1) Prior to making a grant or loan with money from the fund, the administering state department shall consider the extent to which the making of the grant or loan contributes to the achievement of a balanced distribution of grants and loans throughout the state.
(2) In determining whether a grant or a loan is appropriate under section 19608(1)(a)(iv), the department shall consider whether the project is likely to be undertaken without state assistance, the availability of state funds from other sources, the degree of private sector participation in the type of project under consideration, and other factors considered important by the department.
History: Add. 1998, Act 288, Eff. Dec. 1, 1998 ;-- Am. 2016, Act 475, Eff. Apr. 5, 2017 Popular Name: Act 451Popular Name: NREPA
Structure Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
Article II - Pollution Control (324.3101...324.21563)
451-1994-II-6 - Chapter 6 Environmental Funding (324.19101...324.19708)
451-1994-II-6-196 - Part 196 Clean Michigan Initiative Implementation (324.19601...324.19616)
Section 324.19601 - Definitions.
Section 324.19602 - Findings and Declaration.
Section 324.19604 - Bonds as Negotiable and Exempt From Taxation.
Section 324.19605 - Bonds as Securities; Investment of Funds.
Section 324.19608a - Clean Michigan Initiative Grant and Revolving Loan Program.
Section 324.19608b - Grants and Loans Under MCL 324.19608(1)(a)(iv); Conditions.
Section 324.19609 - Grant or Loan Application; Form or Format; Funds Under MCL 324.19608(1)(a)(iv).
Section 324.19610a - Funding Provided Under MCL 324.19608(1)(iv); Conditions.
Section 324.19611 - Balancing Distribution of Grants and Loans; Considerations.
Section 324.19613 - Grants and Loans Under MCL 324.19608; Conditions.
Section 324.19614 - Recovery of Costs.