Louisiana Administrative Code
Title 16 - COMMUNITY AFFAIRS
Part II - Housing Programs
Chapter 5 - Substandard Housing Assistance for Rural Economies (SHARE) Program
Section II-501 - Background
Current through Register Vol. 50, No. 12, December 20, 2024
A. The Louisiana Housing Finance Agency (the "Agency"), as administrator of the HOME Investment Partnership Program for non-entitlement areas throughout the state, has established a Substandard Housing Assistance for Rural Economies Grant Program. The agency is making available $3,000,000 for the SHARE Grant Program. Each local governmental unit selected to participate will receive up to $150,000 to make grants up to $15,000 to qualified homeowners to rehabilitate their homes. Qualified residences must be substandard single unit residences owned and occupied by very, very low income homeowners.
Minimum Other Dollars |
|
$0.50 |
5 |
$1.00 |
10 |
$1.50 |
15 |
$2.00 |
20 |
Over $2.00 |
25 |
AUTHORITY NOTE: Promulgated in accordance with R.S. 40:600 et seq.