(Repeal) Rules and Regulations of the Corporation Applicable to the Rental Housing Capital Improvement Program


825-1123 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 1123 (Repeal) Rules and Regulations of the Corporation Applicable to the Rental Housing Capital Improvement Program
Type of Filing Direct Final Repeal
Regulation Status Inactive
Effective 03/20/2017

Regulation Authority:

R.I. General Laws § 42-55-5(5)

Purpose and Reason:

The purpose of this repeal is to eliminate an obsolete rule. The Rental Housing Capital Improvement Program was originally intended to fund certain capital improvement work in Rhode Island Housing-financed developments. The program has ceased to operate. As a result, the rule no longer serves a practical purpose. Rhode Island Housing and Mortgage Finance Corporation proposes to repeal ERLID #7735 in its entirety.