Sec.8-79a-6. Application and approval procedures

(Other Developers) The following application and approval steps shall apply to all moderate rental housing program projects to be developed by developers other than housing authorities:

(a) Invitation to submit a preliminary proposal;

(b) Submission of a preliminary proposal;

(c) Approval of preliminary proposal by the commissioner;

(d) Submission of a formal application;

(e) A public hearing to be held by the commissioner in the municipality where the proposed project will be located pursuant to section 8-74 (1) Connecticut General Statutes;

(f) Site approval by the commissioner;

(g) Approval of formal application by the commissioner;

(h) State bond commission approval;

(i) Issuance of mortgage commitment letter to developers; and

(j) Approval of the proposed methods of financing, the proposed rents, the income limits for admission and continued occupancy and a detailed estimate of the expenses and revenues thereof by the commissioner pursuant to section 8-74 (3) of the Connecticut General Statutes.

(Effective April 21, 1986)