4900.3720 CAPITAL FUNDING.

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:

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A.

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


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B.

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