- Loans under this program shall be made only for projects that are designed to stimulate the growth of manufacturing jobs.
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- The first priority for loans shall be projects that are related to an industrial location or expansion.
- Second priority projects shall be those that create the conditions for future industrial growth.
- Eligible projects shall be limited to the following:
- Water and sewerage treatment plants that will serve industrial land;
- Water distribution lines and sewerage collection lines that will serve industrial land;
- The development of industrial land (including ports), with eligible costs to include the following:
- Land purchase (including easements);
- Site preparation;
- Extension of utilities, including, but not limited to, electrical and gas;
- Road access; and
- Environmental monitoring equipment; and
- The construction and renovation of publicly owned industrial buildings.
