4900.3720 Capital Funding

Published: 2015

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The agency shall provide construction and permanent financing for rental housing from the housing trust fund program in the form of a deferred loan. The agency shall provide housing trust fund program funds in the form of a grant if:


the applicant provides documentation confirming that another funding source requires the agency's funds to be provided in the form of a grant; and


the other funding source is providing a greater amount of funding than the agency is providing.