Minnesota Administrative Rules
Agency 148 - Housing Finance Agency
Chapter 4900 - HOUSING LOANS AND GRANTS
AFFORDABLE RENTAL INVESTMENT FUND PROGRAM
Part 4900.3648 - SELECTION STANDARDS
Current through Register Vol. 48, No. 39, March 25, 2024
Subpart 1. Generally.
To be considered for funding under the challenge program, applicants must comply with the requirements in Minnesota Statutes, section 462A.33, parts 4900.3640 to 4900.3646, and satisfy the threshold criteria in this part.
Subp. 2. Overall project feasibility.
The agency shall consider the following factors in determining whether an applicant has demonstrated overall project feasibility:
Subp. 3. Organizational capacity.
The agency shall consider the following factors in determining whether an applicant has demonstrated sufficient organizational capacity:
Subp. 4. Other considerations.
For proposals for housing for homeless or households at risk of becoming homeless persons, the agency shall consider whether the application is consistent with priorities stated in the applicable continuum of care plan.
Statutory Authority: MS s 462A.06