24 N.C. Admin. Code 1M.0401

Current through Register Vol. 39, No. 12, December 1, 2024

Section 01M .0401 - GOALS AND OBJECTIVES

(a) The goal of the Rehabilitation Incentive Program (the "program") is to encourage the rehabilitation of housing occupied by very low-, low- and moderate-income households as defined in G.S. 122E-6(a) by providing funding for the energy-related costs associated with comprehensive housing rehabilitation projects.

(b) The objectives of the program are:

(1) To primarily serve very low- and low-income households;

(2) To involve communities that have not participated in previous program funding cycles;

(3) To distribute funds to all areas of the state based on the housing needs of very low-, low- and moderate-income households as defined in Rule .0204(a) of this Subchapter;

(4) To encourage comprehensive rehabilitation of housing currently failing to meet minimum housing code standards; and

(5) To provide assistance to both renters and homeowners.

24 N.C. Admin. Code 01M .0401

Authority G.S. 122A-5; 122A-5.1; 122E-4; 122E-5; 122E-8;
Eff. February 1, 1993;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. September 23, 2017.

Authority G.S. 122A-5; 122A-5.1; 122E-4; 122E-5; 122E-8;
Eff. February 1, 1993.