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For the purposes of this section, “eligible individual” means an individual or household with an annual income which is less than one hundred twenty-five percent of the poverty guidelines established by the United States office of management and b...
Tagged topics: poverty
Notwithstanding section 15.329, subsection 1, paragraph “c”, the authority may provide tax incentives or project completion assistance under this part to a business for a project that will create or retain jobs that will pay less than one hundre...
A housing trust fund is created within the authority. The moneys in the housing trust fund are annually appropriated to the authority to be used for the development and preservation of affordable housing for low-income people in the state and for the ...
Rules Implementing Statutes:
A council on homelessness is created. At all times, at least one voting member shall be a member of a minority group. Members of the council shall consist of all of the following: Eleven voting members from the general public appointed to two-year sta...
Rules Implementing Statutes:
The general assembly finds and declares as follows: There exists a serious shortage of safe and sanitary residential housing available to low or moderate income families. This shortage is conducive to disease, crime, environmental decline and poverty ...
In the performance of its duties and implementation of its powers, and in the selection of specific programs and projects to receive its assistance, the authority shall be guided by the following precatory principles: The authority shall not become an...
Rules Implementing Statutes:
As used in this subchapter, unless the context otherwise requires, “state housing credit ceiling” means the state housing credit ceiling as defined in Internal Revenue Code §42(h)(3)(C) .
The authority is designated the housing credit agency for the allowance of low-income housing credits under the state housing credit ceiling. The authority shall adopt rules and allocation procedures which will ensure the maximum use of available tax ...
Rules Implementing Statutes:
The authority shall participate in the housing assistance payments program under section 8 of the United States Housing Act of 1937, as amended by §201 of the Housing and Community Development Act of 1974, Pub. L. No. 93-383, codified at 42 U.S...
Rules Implementing Statutes:
The authority may make, and contract to make, loans to lending institutions on terms and conditions as the authority determines are reasonably related to protecting the security of the authority’s investment and to implementing the purposes of this c...
Rules Implementing Statutes: