Section 1824. Applications for loans and for loan guarantees

a. A local
  development corporation may request a loan from the  authority  pursuant
  to the provisions of this title by filing an application therefor, which
  shall be verified by an officer of the corporation duly authorized so to
  do,  in  such  form  and  with  such exhibits and supporting data as the
  authority may prescribe and by paying  the  fees  or  charges,  if  any,
  established  by  the  authority  to defray the cost of investigating and
  processing applications for loans and to the extent that the application
  contains information or representations  provided  to  or  made  to  the
  corporation  by  the  project  occupant  or  by  a  business  enterprise
  described in section eighteen hundred twenty-seven of this  title,  such
  officer,  in  such application, shall, in a form to be prescribed by the
  authority, certify the  nature  of  the  corporation's  review  of  such
  information and representations.
    b.  A  banking  organization  may  request  a  loan guarantee from the
  authority pursuant  to  the  provisions  of  this  title  by  filing  an
  application  therefor,  which  shall  be  verified  by an officer of the
  banking organization duly authorized to do so, in  such  form  and  with
  such  exhibits and supporting data as the authority may prescribe and by
  paying the fees or charges, if any,  established  by  the  authority  to
  defray  the  cost  of investigating and processing applications for loan
  guarantees.