Rules & Regulations of the State of Tennessee
Title 0770 - Housing Development
Chapter 0770-03-01 - Moderate Rehabilitation Program
Section 0770-03-01-.10 - ESTABLISHMENT OF INCOME LIMIT Schedules
Universal Citation: TN Comp Rules and Regs 0770-03-01-.10
Current through September 24, 2024
30 percent occupancy by very low-income families.
(1) Income limit Schedules for Moderate Rehabilitation are the same as those established pursuant to 24 CFR 882.112(c).
(2) Occupancy by Very Low-Income Families.
(a) Owners in the
Moderate Rehabilitation Program will be required under the Contract to lease,
to the maximum extent feasible, at least 30 percent of the units under Contract
to Very Low-Income Families
(b) The
Agency must administer its Moderate Rehabilitation Program and Existing Housing
Program under this Part so that at least 30 percent of the Families assisted by
the Agency under these Programs are Very LowIncome Families. To this end the
Agency may refer Very Low-income Families to other Owners rehabilitating vacant
units under the Moderate Rehabilitation Program or provide assistance to such
Families through its Existing Housing Program.
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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