Code of Maine Rules
99 - INDEPENDENT AGENCIES
346 - MAINE STATE HOUSING AUTHORITY
Chapter 30 - SINGLE FAMILY HOME IMPROVEMENT LOAN PROGRAMS
Section 346-30-6 - Low-income and Use Restrictions
Universal Citation: 99 ME Code Rules ยง 346-30-6
Current through 2024-38, September 18, 2024
A. Low-income Restrictions. Projects shall benefit Low or Moderate Income Persons as required by applicable laws, funding source restrictions, applicable Program Guides, and the Recipient's commitments.
B. Assurance of Continued Restrictions. MSHA may require certifications, reports, or other assurances to ensure compliance with affordability restrictions, including without limitation, an agreement to be recorded in the appropriate registry of deeds which will obligate Project owners and their successors to comply with the restrictions for a number of years.
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