Iowa Admin. Code r. 265-2.6

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 265-2.6 - Types of loans

The authority may make permanent mortgage loans to eligible applicants for rehabilitated, newly built or existing housing for eligible occupants. The authority may make temporary loans as follows:

1. For eligible costs associated with development activities set forth in the Iowa Code chapter 16,

2. For eligible costs associated with development of housing which, in the judgment of the authority, deals innovatively with the housing problems of eligible recipients.

This rule is intended to implement Iowa Code section 16.5C.

Iowa Admin. Code r. 265-2.6

Amended by IAB April 1, 2015/Volume XXXVII, Number 20, effective 5/6/2015