RSA 204-C:62 Rulemaking.
Title: XVII - HOUSING AND REDEVELOPMENT
Chapter: 204-C - HOUSING FINANCE AUTHORITY
Pursuant to RSA 204-C:53, the authority shall adopt rules governing the affordable housing fund. Such rules shall include, but shall not be limited to:
I. Eligibility requirements for applicants.
II. Criteria for eligible projects, including, but not limited to, construction and quality standards.
III. Procedures for monitoring the implementation and management of projects.
IV. Reasonable fees to offset the cost of monitoring the operation of projects funded under this subdivision.
V. Requirements for long-term affordability of housing units in projects financed under this subdivision. Such requirements shall ensure that, at a minimum, at least 50 percent of the units in a project shall remain affordable to low and moderate income persons for the period