(a) Awarded funds may not be used for any costs incurred
by an applicant in the development, preparation, submission, or review
of applications.
(b) Awarded funds may be used only for capital improvements
and may not be used for operating expenses, debt retirement, or recruitment
or retention of practitioners.
(c) Loans awarded will be made with an interest rate
below the current market rate and may be made at no interest at the
discretion of the department based upon the financial need and condition
of the applicant.
(d) Grant, loan and loan guarantee recipients must
execute a contract with the department which will include the budget,
reporting requirements, general provisions for department contracts,
and any other specifics that might apply to the award.
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