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TITLE 4AGRICULTURE
PART 1TEXAS DEPARTMENT OF AGRICULTURE
CHAPTER 29ECONOMIC DEVELOPMENT
SUBCHAPTER BRURAL ECONOMIC DEVELOPMENT CAPITAL FOR TEXAS PROGRAM
RULE §29.28Criteria for a RED C4T Investment

In evaluating and selecting applications for an investment under this program, the Department shall consider:

  (1) The anticipated benefits arising from the investment to the applicant, including both the potential impact on agricultural development and rural economic development;

  (2) The qualifications of the applicant;

  (3) The ability of the applicant to leverage its own funds with RED C4T funds to ensure RED C4T funds are mobilized;

  (4) The applicant's ability to administer RED C4T funds;

  (5) The extent and level of other funding sources for the applicant;

  (6) The applicant's ability to meet the program's objectives including current and previous success in supporting agricultural development and/or rural economic development; and

  (7) The applicant's present involvement with related local organizations.


Source Note: The provisions of this §29.28 adopted to be effective December 29, 2020, 45 TexReg 9409

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