16.183 - HOME AND COMMUNITY-BASED SERVICES REVOLVING LOAN PROGRAM FUND.
16.183 HOME AND COMMUNITY-BASED SERVICES REVOLVING
LOAN PROGRAM FUND.
1. A home and community-based services revolving loan program
fund is created within the authority to further the goals specified
in section 231.3, adult day services, respite services, congregate
meals, health and wellness, health screening, and nutritional
assessments. The moneys in the home and community-based services
revolving loan program fund shall be used by the authority for the
development and operation of a revolving loan program to develop and
expand facilities and infrastructure that provide adult day services,
respite services, congregate meals, and programming space for health
and wellness, health screening, and nutritional assessments that
address the needs of persons with low incomes.
2. Moneys received by the authority from the senior living trust
fund, transferred by the authority for deposit in the home and
community-based services revolving loan program fund, moneys
appropriated to the home and community-based services revolving loan
program, and any other moneys available to and obtained or accepted
by the authority for placement in the home and community-based
services revolving loan program fund shall be deposited in the fund.
Additionally, payment of interest, recaptures of awards, and other
repayments to the senior living revolving loan program fund shall be
deposited in the fund. Notwithstanding section 12C.7, subsection 2,
interest or earnings on moneys in the home and community-based
services revolving loan program fund shall be credited to the fund.
Notwithstanding section 8.33, moneys that remain unencumbered or
unobligated at the end of the fiscal year shall not revert but shall
remain available for the same purpose in the succeeding fiscal year.
3. The authority, in cooperation with the department on aging,
shall annually allocate moneys available in the home and
community-based services revolving loan program fund to develop and
expand facilities and infrastructure that provide adult day services,
respite services, congregate meals, and programming space for health
and wellness, health screening, and nutritional assessments that
address the needs of persons with low incomes.
4. The authority shall adopt rules pursuant to chapter 17A to
administer this section. Section History: Recent Form
2004 Acts, ch 1175, §171; 2006 Acts, ch 1184, §34; 2009 Acts, ch
23, §5