Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-01-01 - General Provisions
Section 0770-01-01-.04 - AGENCY MORTGAGE LOANS GENERALLY
Universal Citation: TN Comp Rules and Regs 0770-01-01-.04
Current through September 24, 2024
(1) Upon formal announcement the Agency will from time to time be prepared to:
(a) make insured mortgage loans to persons
and families of low and moderate income for the acquisition of ownership and
occupancy of new and existing housing units more particularly described in
0770-1-2-.01 through .21 of these Rules and Regulations;
(b) make insured construction loans pursuant
to T.C.A. §13-23-116 to qualified housing sponsors and
individuals for the development and construction or rehabilitation of a housing
unit(s) as more particularly described in Part III of these Rules and
Regulations and
(c) make insured
mortgage loans to housing sponsors qualified under Rule 0770-1-1-.01(16) for
the development and construction, rehabilitation and/or acquisition of
multi-family non-owner occupied rental housing developments, as more
particularly described in Part IV of these Rules and Regulations.
Authority: T.C.A. § 13-23-115(18).
Disclaimer: These regulations may not be the most recent version. Tennessee 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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