Code of Maine Rules
99 - INDEPENDENT AGENCIES
346 - MAINE STATE HOUSING AUTHORITY
Chapter 29 - MULTI-FAMILY MORTGAGE LOANS
- Section 346-29-1 - Definitions
- Section 346-29-2 - Program Design
- Section 346-29-3 - Development Funding
- Section 346-29-4 - Sources of Funds
- Section 346-29-5 - Types of Programs
- Section 346-29-6 - Low-income and Use Restrictions
- Section 346-29-7 - Eligible Applicants
- Section 346-29-8 - Interest-bearing Debt
- Section 346-29-9 - Financing Standards
- Section 346-29-10 - Selection criteria
- Section 346-29-11 - Relocation
- Section 346-29-12 - New Construction and Rehabilitation Requirements
- Section 346-29-13 - Management Requirements
- Section 346-29-14 - Maintenance Requirements
- Section 346-29-15 - Matching of Resources
- Section 346-29-16 - Rule Limitations
Current through 2024-13, March 27, 2024
Summary: The Maine State Housing Authority extends loans secured by mortgages to MaineHousing under programs for the acquisition, construction, rehabilitation, and preservation of rental housing for low income persons. This rule governs MaineHousing's allocation of resources for such programs, program design, the publication and distribution of program guides, eligibility standards, loan standards, construction and rehabilitation requirements, management requirements, and potential selection criteria.
STATUTORY AUTHORITY: 30-A MRSA §§4741(1) and 4722(1)(L)
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