North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 04. COMMERCE |
CHAPTER 01. DEPARTMENTAL RULES |
SUBCHAPTER L. GRANTS TO SUCCESSFUL SBA DISASTER HOME LOAN APPLICANTS |
04 NCAC 01L .0105. PROCEDURES FOR COUNTIES
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(a) Each of the counties participating in the program shall designate one office B either the county Finance Office or the county Department of Social Services B to verify eligibility and process grant proceeds.
(b) Designated county staff will review the documents, make copies for audit purposes, and notify the homeowner of the amount of grant for which they are eligible.
(c) Grant funds will be issued to the homeowner within one week of making application, with all supporting documentation, to the county.
(d) A notice will be included with all grant checks to inform the recipient that proceeds are subject to federal duplication of benefits limitations and that the State of North Carolina will inform the SBA that the homeowner has received the grant.
(e) The county will fax a report weekly to the NC Department of Commerce detailing the name, FEMA teleregistration number, SBA tracking number, and grant amount issued to all qualifying homeowners.
History Note: Authority G.S. 150B-21.1; S.L. 1999-463;
Temporary Adoption Eff. February 18, 2000 to expire on January 1, 2003;
Codifier approved request on December 30, 2002 to extend expiration until January 1, 2005;
Codifier approved request on December 30, 2004 to extend expiration until January 1, 2010;
The Department of Commerce and the Department of Crime Control & Public Safety consider this rule to be extended and currently in effect pursuant to Session Law 1999-463 Extra Session House Bill 2, Session Law 2005-1, Executive Order 8 dated July 6, 2001 and Executive Order 75 dated June 10, 2005.