Sec.8-216b-5. Application process

(a) The Commissioner may solicit and/or accept applications from developers for financial assistance.

(b) As part of the application and approval process, the developer shall be required to furnish the following:

(1) Certification of the developer's eligibility as defined in Section 8-216b-3 above;

(2) A housing and community development plan which shall be prepared in accordance with Section 8-216b of the Connecticut General Statutes and approved by the Commissioner;

(3) Evidence of housing need and marketability;

(4) Evidence that the project is part of a coordinated neighborhood revitalization effort in a predominantly residential area;

(5) Evidence that the project will be serving the target income groups of low and moderate income families; and

(6) Submit names, addresses and telephone numbers of its current directors or officers and statutory agent for service.

(c) The Commissioner may, from time to time, request additional information of the applicant.

(Effective June 26, 1989)