Section 3.78.010. Application process.

	(a)  To apply for a loan for the purchase, construction, and installation of alternative energy systems or energy conservation improvements in commercial buildings, an applicant shall file with the department  
		(1) a completed application for an alternative energy conservation loan, on a form provided by the department;  
		(2) a letter of intent stating the amount requested and intended use consistent with AS 45.88.010 - 45.88.090 of the proposed loan money on a form provided by the department;  
		(3) an energy audit, a conceptual design and engineering feasibility report, manufacturer's specifications, or other proof of concept or conservation acceptable to the department;  
		(4) copies of cost estimates, invoices, or other documentation to verify the cost of any equipment being purchased and installed with loan proceeds;  
		(5) an individual financial statement, on a form provided by the department;  
		(6) a business financial statement, on a form provided by the department;  
		(7) a signed credit authorization, on a form provided by the department, for any individual, institution, or other person to release to the department credit information concerning the applicant;  
		(8) a copy of the applicant's federal income tax return for the preceding year, as necessary to verify the applicant's income; if a federal income tax return for the preceding year is not available, the department will request copies of federal income tax returns for earlier years or other documentation to verify the applicant's income;  
		(9) a signed consent, on a form provided by the department, for the department to obtain information from, or release information to, other government agencies;  
		(10) a schedule of collateral on a form provided by the department;  
		(11) the application fee required by 3 AAC 78.075(e); and  
		(12) any other information that might be helpful to the applicant in qualifying for an assumption, as requested by the department.  
	(b)  An applicant who submits a false sworn or unsworn statement on or in support of a loan application is subject to AS 11.56.200 - 11.56.210 and may be denied any future loans.  

Authorities

45.88.020

Notes

Reference

3 AAC 78.015
3 AAC 78.082

Authority

AS 45.88.020

History

Eff. 9/11/85, Register 95; am 1/11/87, Register 101; am 8/10/97, Register 143; am 9/7/2012, Register 203