(a) The Capital for Texas Program is continued by the
Department for all initial loans made with SSBCI Funds.
(b) The Act, Compliance Standards and Policy Guidelines
for all initial loans made with SSBCI Funds.
(c) All terms and conditions of Agreements entered
into between the Department and CDFIs in the administration of the
Capital for Texas Program continue to apply to the Department and
CDFIs until those Agreements expire or are terminated according to
their terms.
(d) The purpose of these rules is to ensure the continued
administration and orderly conclusion of the Capital for Texas Program,
and to establish regulations for the recycling of SSBCI funds generated
from loan repayments under this program.
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