Third Amendment to and Restatement of Rules and Governing the Construction Loan Program and Land Bank Program
825-1117 INACTIVE RULE
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Title | 825 | Housing and Mortgage Finance Corporation |
Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Part | 1117 | Third Amendment to and Restatement of Rules and Governing the Construction Loan Program and Land Bank Program |
Type of Filing | Periodic Refile |
Regulation Status | Inactive |
Effective | 12/28/2001 to 06/19/2017 |
Regulation Authority:
R.I.G.L. 42-55-5(5)
Purpose and Reason:
The Corporation wil set aside funds to provide affordable housing in Partnership with Eligible Developers to low and moderate income residents of Rhode Island who are Qualified Purchasers or for eventual rental to eligible tenants. The Land Bank Program is to be used for the acquisition and development of unimproved real estate for the construction of new housing.
INACTIVE RULE
Repeal
- effective from 06/19/2017