Minnesota Administrative Rules

4900.1806 APPLICANT ELIGIBILITY.

To be eligible for selection as a recipient of a grant or loan, an applicant must satisfy the following requirements:

A.

The applicant must be a housing sponsor as defined in part 4900.0010, subpart 13.

B.

The applicant must provide a comprehensive plan for providing a shared housing structure, and document the ability to successfully maintain the structure in accordance with its intended use for a period of time specified by the agency. At a minimum this plan must include:

(1)

documentation of the need and desirability of the proposed shared housing;

(2)

a description of the applicant's goals and objectives for meeting the special needs of the population to be served;

(3)

a detailed budget for the acquisition, construction, or rehabilitation of the proposed structure;

(4)

documentation of an ability to successfully match potential tenants in the shared housing facility;

(5)

documentation of an ability to provide any required support and services for the tenants in the shared housing facility; and

(6)

documentation of fiscal responsibility and the ability to complete the acquisition, construction, or rehabilitation of the structure and to maintain the structure in accordance with its intended use for a period of time specified by the agency.

Statutory Authority:

MS s 462A.06

History:

10 SR 2161

Published Electronically:

June 11, 2008