La. Admin. Code tit. 48 § VII-711

Current through Register Vol. 50, No. 11, November 20, 2024

Section VII-711 - Application Procedures

A. Applications and guidelines for group recovery home loans may be obtained from any regional alcohol and drug abuse treatment program operated by the Department of Health and Hospitals.

B. Completed applications consist of:

1. application form;

2. assurances form;

3. statement of sobriety;

4. budget;

5. acceptance statement (individual);

6. evidence of available rental property including address and ownership.

C. Application Review Process

1. The completed application package shall be hand-carried to the issuing office by the applicant. The application will be reviewed by the Regional Alcohol and Drug Abuse Treatment Program Manager along with the applicant. The regional manager will determine with the applicant a suitable repayment schedule within the 24-month limit of the loan. Interest shall be calculated at five percent simple interest except that bridge loans to establish chartered non-profit corporations shall be interest free. The regional manager shall compute the payment, and enter it on the Application Form in the box designated "For Office Use Only."

2. If approved, the application shall be forwarded to the Department of Health and Hospitals (DHH) Office of Human Services, Division of Alcohol and Drug Abuse, Special Projects Branch. If approved, it will be forwarded to the DHH, Bureau of Fiscal Services, Financial Management Section for issuance of a check to the applicant. The Bureau of Fiscal Services will forwards a copy of its transmittal letter to the approving officer in the Division of Alcohol and Drug Abuse.

3. Limits on Loan Amounts and Duration of Loans

a. Organizational (group) loans shall be limited to a maximum amount of $4,000 for each loan made to be repaid within 24 months or less.

b. Bridge loans shall be limited to a maximum of $2,000 per loan, to be repaid within three months or less.

c. Individual loans shall be limited to a maximum of $500 to be repaid within 12 months or less.

La. Admin. Code tit. 48, § VII-711

Promulgated by the Department of Health and Hospitals, Division of Alcohol and Drug Abuse, LR 15:1083 (December 1989), amended LR 17:604 (June 1991).

AUTHORITY NOTE: Promulgated in accordance with R.S. 28:771 and R.S. 36:258(E)(3).