Capitalization grant project means a project for which the project sponsor shall document compliance with specific federal requirements under subsection 62-503.700(1), F.A.C., in addition to the general requirements under subsections 62-503.700(2) through (7), F.A.C., to qualify for a loan. Capitalization grant projects will be identified in an amount corresponding to the annual capitalization grant received by the Department from the United States Environmental Protection Agency (EPA).
Capitalization grant project means a project for which the project sponsor shall document compliance with specific federal requirements under Rule 62-503.700(1), F.A.C., in addition to the general requirements under Rules 62-503.700(2) through (11), F.A.C., to qualify for a loan. The aggregate funds used for the annual loans to be made for capitalization grant projects represents the amount of the corresponding annual capitalization grant received by the Department from the EPA.