§ 2090.16. Eligibility requirements
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 62 P.S. Poor Persons and Public Welfare
62 P.S. § 2090.16
§ 2090.16. Eligibility requirements
To receive funding under this act, an applicant must:
(4) Submit to the department a description of the geographic boundaries served by the applicant and a plan which outlines the strategy that the applicant will employ or is employing to utilize both private and public resources to bring neighborhood dwellings to acceptable levels of health and safety, stem further deterioration of housing units, halt the overall decline of the neighborhood and stimulate reinvestment.
(6) Maintain or plan to maintain and administer a high risk revolving loan fund which makes loans at flexible interest rates and repayment terms to neighborhood residents who are unable to obtain financing through normal lending channels for home repairs which are required to maintain their homes at acceptable levels of health and safety.
Credits
1990, July 11, P.L. 421, No. 102, § 6, imd. effective.
62 P.S. § 2090.16, PA ST 62 P.S. § 2090.16
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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