§ 16-112. Eligibility criteria.

An application for a loan or grant from the fund must show a direct relationship to one or more of the following:

(1)

The provision of housing to low and moderate income households.

(2)

Construction-related activities for construction producing units for sale or rent to low and moderate income households.

(3)

Housing-related support services provided to low and moderate income households.

(4)

Compliance with all applicable laws.

(5)

The applicant's ability to leverage funds from other sources.

(Code 2004, § 58-121; Ord. No. 2008-114-98, § 1, 5-27-2008; Ord. No. 2012-155-128, § 2, 7-23-2012)

(Code 2004, § 58-121; Ord. No. 2008-114-98, § 1, 5-27-2008; Ord. No. 2012-155-128, § 2, 7-23-2012)