04 NCAC 19L .1802          ELIGIBLE ACTIVITIES

(a)  This section incorporates by reference as eligible activities those activities described in the Housing and Community Development Act of 1974, as amended, including subsequent amendments and editions under Section 108 and in 24 CFR 570.703.

(b)  G.S. 143B-431(d)(3) - further limits eligibility by finding that hotels, motels, private recreational facilities, private entertainment facilities and convention centers are ineligible for Development Loan Funds.

(c)  Copies of these sections of state and federal law and regulation are available for public inspection from the Division of Community Assistance.

History Note:        Authority G.S. 143B-431; 24 C.F.R. 570.703;

Eff. August 1, 1998;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. March 6, 2018.