9 CRR-NY 2815.3NY-CRR
9 CRR-NY 2815.3
9 CRR-NY 2815.3
2815.3 Low income housing fund and affordable home ownership development program.
A company performing rehabilitation or home improvement activities or new construction under the low income housing trust fund program or the affordable home ownership development program shall receive assistance equal to three percent of the amount payable to such company by the housing trust fund corporation of the affordable housing corporation. This assistance shall be for administrative or new construction. It shall not be subject to the limitation on the amount of funds a company may receive annually or in the aggregate under the rural preservation companies program, but shall be limited to a maximum of $40,000 for each project under the low income housing trust fund program or the affordable home ownership development program.
9 CRR-NY 2815.3
Current through September 15, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.