Current through December 27, 2024
Section 8-216b-3 - Eligibility(a)A housing site development agency shall:(1) Be in good standing with the Department of Housing; and(2) Be designated by ordinance of the legislative body of the municipality for the purpose of carrying out housing and community development projects.(b)A nonprofit corporation shall:(1) Submit an endorsed certificate of incorporation certified by the Secretary of the State; which includes the articles of incorporation.(2) Submit a certificate of good standing certified by the Secretary of the State; and(3) Inform the Department, in writing, of the corporation's principal place of business.(c)Both housing site development agencies and nonprofit corporations shall:(1) Submit a list of any housing project(s) which they have developed, owned or managed;(2) Submit a statement authorizing the Commissioner to apply for a credit report from any appropriate credit reporting agency covering the developer for consideration in determining the financial capability of the developer.Conn. Agencies Regs. § 8-216b-3