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Agenda - 09-20-2018 6-b - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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Agenda - 09-20-2018 6-b - Discussion on Proposed Nonprofit Capital Funding Policy and Criteria
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9/12/2018 2:23:31 PM
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9/12/2018 2:20:30 PM
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BOCC
Date
9/20/2018
Meeting Type
Regular Meeting
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Agenda
Agenda Item
6-b
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Minutes 09-20-2018
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\Board of County Commissioners\Minutes - Approved\2010's\2018
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S <br /> Proposed Nonprofit Loan Eligibility Criteria <br /> 1 ) Current Outside Agency recipient with three- <br /> year average score of at least 85% <br /> 2) Clean Audit opinion <br /> 3) Three years Audited Financial Statements to <br /> complete Nonprofit Financial Capacity Review <br /> 4) lFC Outside Agency three-year average score <br /> of 86 .6% and meets proposed loan eligibility <br /> requirements <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />
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