Mississippi Administrative Code
Title 6 - Economic Development
Part 4 - Community Services
Chapter 7 - HOME Program
Rule 6-4-7.5 - Requirements for Sponsorship

Universal Citation: MS Code of Rules 6-4-7.5

Current through September 24, 2024

A. Control. The CFIDO is not controlled, nor receives directions from individuals or entities seeking profit from the organization, as evidenced by the organization's by-laws or a Memorandum of Understanding.

B. Creation or Sponsorship by a For-Profit Entity. If sponsored or created by a for-profit entity, the for-profit entity's primary purpose does not include the development of management of housing, as evidenced in the for-profit organization's by-laws.

C. Freedom to Contract for Goods and Services. If sponsored or created by a for-profit entity, the CUDO is free to contract for goods and services from vendor(s) of its own choosing, as evidenced by its by-laws, charter, or articles of incorporation.

D. Sponsorship by a Religious Organization. If sponsored by a religious organization, the CUDO is a separate secular entity from the religious organization, with membership available to all persons, regardless of religion or membership criteria, as evidenced by its by-laws, charter, or articles of incorporation.

42 USCA § 12701 et seq.; Pub. L. 101-625, title I et seq.; 24 CFR 92

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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