Conn. Agencies Regs. § 8-79a-5

Current through December 27, 2024
Section 8-79a-5 - Application and approval procedure (housing authorities)

The following application and approval steps shall apply to all moderate rental housing program projects to be developed by housing authorities:

(a) Invitation to submit a preliminary proposal;
(b) Submission of a preliminary proposal;
(c) Approval of a preliminary proposal by the commissioner;
(d) Submission of a formal application;
(e) A public hearing conducted by the housing authority pursuant to section 8-74(1), of the Connecticut General Statutes;
(f) Approval of formal application, including preliminary architectural plans and drawings;
(g) Submission by housing authority of basic and final architectural plans and drawings and approval of same by the commissioner;
(h) State bond commission approval of allocation of funds.
(i) Issuance of a loan commitment letter to the housing authority;
(j) Authorization from the commissioner to put the proposed project out to bid; and
(k) Approval by the commissioner of the applicant's proposed methods of financing, the proposed rents, the income limits for admission and continued occupancy, and a detailed estimate of the expenses and revenues pursuant to Section 8-74(3) of the Connecticut General Statutes.

Conn. Agencies Regs. § 8-79a-5

Effective April 21, 1986