La. Admin. Code tit. 16 § II-313

Current through Register Vol. 50, No. 9, September 20, 2024

Section II-313 - Accompanying Submissions

A. Applications must be accompanied by submissions listed below.

1. Affirmative Marketing Procedures. Applicants must indicate in Appendix XIII affirmative marketing requirements and procedures that will be adopted. Such procedures must be in accordance with HUD regulations.

2. Owner's Relocation Plan. Applicants who propose projects involving occupied buildings must include, as Appendix XIV, a relocation plan in the initial application and submit an occupied tenant list and must be in accordance with HUD regulations.

3. Appraisal

a. Applicant must include, as Appendix XV, a copy of any appraisal which was used to estimate the AS-IS and completed value of the project.

b. The appraised value of any unit within the project must be less than or equal to the maximum permissible acquisition cost.

La. Admin. Code tit. 16, § II-313

Promulgated by the Department of the Treasury, Housing Finance Agency, LR 23:1534 (November 1997).

AUTHORITY NOTE: Promulgated in accordance with R.S. 40:600.6.