State Codes and Statutes

Statutes > Wisconsin > 560 > 560.302

560.302

560.302 Grant and loan criteria. Upon receipt of an application by an eligible recipient, the department may consider any of the following in determining whether to award a grant or make a loan under s. 560.304:

560.302(1)

(1) Whether the eligible activity proposed to be conducted by the eligible recipient serves a public purpose.

560.302(2)

(2) Whether the eligible activity proposed to be conducted by the eligible recipient will retain or increase employment in this state.

560.302(3)

(3) Whether the eligible activity proposed to be conducted by the eligible recipient is likely to occur without the grant or loan.

560.302(4)

(4) Whether and the extent to which the eligible activity proposed to be conducted by the eligible recipient will contribute to the economic growth of this state and the well-being of residents of this state.

560.302(5)

(5) Whether the eligible activity proposed to be conducted by the eligible recipient will be located in an economically distressed area.

560.302(6)

(6) The economic condition of the community in which the eligible activity proposed to be conducted by the eligible recipient is proposed to occur.

560.302(7)

(7) The potential of the eligible activity proposed to be conducted by the eligible recipient to promote the employment of minority group members.

560.302(8)

(8) Any other criteria established by the department by rule, including the types of projects that are eligible for funding and the types of eligible projects that will receive priority.

560.302 - ANNOT.

History: 2009 a. 28.