15 Alaska Admin. Code § 154.310

Current through December 21, 2024

Section 15 AAC 154.310 - Grants

The Corporation will, in its discretion, make a grant under 15 AAC 154.300 upon proof from a regional housing authority that it has:

(1) obtained a federal loan or grant from HUD for a project described in AS 18.55.998(b); and

(2) an audit required by AS 18.55.996(i) which indicates:

(A) that its accounting records are in conformity with generally accepted accounting principles;

(B) it is financially solvent; and

(C) no unresolved audit exception with the use of state money by the regional housing authority.

15 AAC 154.310

Eff. 5/7/93, Register 130

Authority:AS 18.55.998

AS 18.56.088