1103 – General and Administrative Provisions.
§ 1103. General and administrative provisions. 1. The corporation shall issue and promulgate rules and regulations for the administration of this article. The rules and regulations shall include provisions concerning the eligibility of applicants for payments, grants and loans under this article; funding criteria and the funding determination process; supervision and evaluation of contracting applicants; […]
1106 – Legislative Findings and Declarations.
§ 1106. Legislative findings and declarations. The legislature hereby finds and declares that there is a serious shortage of decent affordable housing in the state for persons of low income; that the cost of providing such housing without public participation and assistance is prohibitively high; that programs operated by municipal housing authorities and municipalities have […]
1024 – Payments Pursuant to Contracts.
§ 1024. Payments pursuant to contracts. 1. Payments shall be made monthly or on such other periodic basis as may be provided in the contract. Each such payment shall equal, for each unit in the project covered by the contract, the difference between the project rent established pursuant to subdivision two of this section and […]
1025 – Administrative Provisions.
§ 1025. Administrative provisions. 1. The commissioner shall provide, by regulations, for the administration of the provisions of this article. Such regulations shall include, but need not be limited to, provisions for operation of the project by the sponsor in a manner consistent with the intent of this article. 2. Every contract entered into pursuant […]
1051 – Legislative Findings and Statement of Policy.
§ 1051. Legislative findings and statement of policy. The legislature hereby finds and declares that there exists in many portions of the rural areas of the state substantial needs for revitalization and improvement of housing and of local commercial and service facilities, and for related community renewal activities. The findings set forth in article seventeen […]
1052 – Definitions.
§ 1052. Definitions. As used in this article: (a) all terms defined in article seventeen of this chapter shall have the same meanings herein as specified therein; and (b) the following terms shall have the following meanings: (1) “rural area revitalization project” means a specific work or series of works for the revitalization and improvement […]
1053 – Contracts for Rural Area Revitalization Projects.
§ 1053. Contracts for rural area revitalization projects. 1. The corporation may, in the name of the state, enter into contracts with qualified applicants for the performance of rural area revitalization projects. 2. The corporation may enter into a contract pursuant to this section only if he determines that: (a) the region to be served […]
1054 – Administration of Contracts.
§ 1054. Administration of contracts. 1. A contract pursuant to this article may provide for such periodic payments as may be appropriate. 2. The corporation shall periodically review the performance of each contractor pursuant to this article. Such reviews shall include evaluation of the quality of the activities performed, the conformity thereof to contract provisions […]
1055 – Rules and Regulations.
§ 1055. Rules and regulations. The corporation may provide, by regulation, for the administration of the rural area revitalization program. Such regulations may contain any provisions, not inconsistent with this article as may be necessary or appropriate to carry out the policy and intent of this article.
1057 – Transfer of Authority, Administration and Appropriations.
§ 1057. Transfer of authority, administration and appropriations. 1. On and after the effective date of this section, all obligations of the division with respect to rural area revitalization projects shall become the obligations of the corporation and the corporation shall be responsible for the administration of all rural area revitalization projects. The division shall […]