Section 15-311-31 - Applications for program funds(a) At the start of each fiscal year, the corporation shall commence with an outreach program, advertising the availability of moneys from the revolving fund. Such outreach shall include, but shall not necessarily be limited to: (1) A direct mailing to all known interested parties notifying the parties of funding availability;(2) Publishing a notice of funding availability in a newspaper of general circulation, as well as in each of the major local newspapers;(3) Issuing press releases to major media; and(4) Any other means deemed appropriate by the corporation.(b) Applicants desiring to utilize revolving fund moneys shall submit to the corporation. an application containing such information, accompanied by the application fee, and filed in such manner as required in the procedural manual.(c) Staff shall verify that all applications are complete. Additionally, all required exhibits to the application must be attached. If either one of these conditions, or both, are not met, staff will inform the applicant in writing that the application is not complete. Applicant will be given ten working days to remedy any problems or deficiencies in the application. If after the ten day period, the problem or the deficiency remains unresolved, staff shall send the applicant a letter informing the applicant that the application for program funds will not be processed for action in that funding round. The letter shall state the reasons why the application will not be processed. Staff shall evaluate, score, and rank projects only if applicants submit complete applications.(d) Staff shall verify that the project described in the application meets the affordability requirements and the eligible uses requirements as stipulated in section 201H-202, HRS. If staff determines that the affordability requirements or the eligible uses are not met, staff shall send a letter to the applicant informing the applicant that the application for program funds will not be processed in that funding round. The letter shall state staff's reasons why the application will not be processed. Staff will evaluate, score, and rank projects only if the proposed project meets the affordability and the eligible use requirements.(e) During the project evaluation process, the corporation may make additional requests or inquiries of the applicant. Even if the application is technically complete, the corporation reserves the right to contact and to request additional information of the applicant. The applicant has the option to respond or not to respond to these requests.[Eff APR 23 2010] (Auth: HRS §§ 201H-4, 201H-202) (Imp: HRS § 201H-202)