[Repeal] Fifth Amendment to and Restatement of the Land Bank Program


825-1125 INACTIVE RULE

There is no interactive regulation text for this version of this Part. Use the "Regulation" tab to view the text of this Part.
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 [Repeal] Fifth Amendment to and Restatement of the Land Bank Program
Type of Filing Direct Final Repeal
Regulation Status Inactive
Effective 06/19/2017

Regulation Authority:

R.I. General Laws § 42-55-5(5)

Purpose and Reason:

The purpose of this repeal is to eliminate an unnecessary rule. The above-captioned rule describes a program through which Rhode Island Housing assists eligible developers to acquire and/or hold real estate for the purpose of future affordable housing development. This is an agency-sponsored program, for which funding has historically fluctuated and is currently under review.