| (a) Periodically, the board will adopt a Flood Intended
Use Plan to determine the use of funds for applicable application
periods. The Flood Intended Use Plan will include:
(1) eligibility criteria;
(2) structure of financial assistance, including any
subsidies; and
(3) criteria to be used by the executive administrator
in prioritization of applications.
(b) Before the board adopts a Flood Intended Use Plan
or any substantive amendments thereto, the executive administrator
will provide 30 days' notice and opportunity to comment.
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