Fifth Amendment to and Restatement of the Land Bank Program


825-1125 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 1125 Fifth Amendment to and Restatement of the Land Bank Program
Type of Filing Adoption
Regulation Status Inactive
Effective 01/17/2002 to 06/19/2017

Regulation Authority:

R.I.G.L. 42-55-5(5)

Purpose and Reason:

The primary purpose of the Land Bank Program is to reduce barriers to the production of affordable housing by authorizing the Corporation to acquire and hold, on behalf of eligible developers, properties intended for development as housing affordable to low and moderate income residents of the State of Rhode Island.