Sec.8-79a-4. Loan allocation  


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  • The commissioner will establish and from time to time allocate loans or mortgage loans to be provided under section 8-70, of the Connecticut General Statutes, and these regulations. The allocations will be based on

    (a) The availability of the rental subsidies from HUD in the various geographical areas of the state which may be applied to a moderate rental housing project;

    (b) Any need resulting from a "disaster" as defined in chapter 517 section 28-1 (b) of the Connecticut General Statutes;

    (c) Any needs as outlined in the three year advisory housing plan as prepared pursuant to section 8-37t of the Connecticut General Statutes, and,

    (d) Any other statistical data on housing needs as available.

(Effective April 21, 1986)