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4900.3761 ELIGIBLE APPLICANTS.

To be eligible to apply for rental assistance funding under the housing trust fund program, an applicant must be:

A.

a nonprofit organization, as defined in Minnesota Statutes, section 462A.03, subdivision 22;

B.

a for-profit organization;

C.

a limited dividend entity, as defined in part 4900.0010, subpart 14;

D.

a cooperative housing corporation, as defined in part 4900.0010, subpart 8;

E.

a city, as defined in Minnesota Statutes, section 462A.03, subdivision 21;

F.

a joint powers board established by two or more cities;

G.

a public housing agency;

H.

an Indian tribe or tribal housing corporation; or

I.

a natural person.

Applicants must demonstrate experience and ability in the administration of tenant-based, sponsor-based, or project-based rental assistance or must partner with an organization with demonstrated experience and ability in the administration of tenant-based, sponsor-based, or project-based rental assistance.

Applicants for project-based rental assistance must be the owner of a rental housing development that is funded with a loan or a grant from the agency or an applicant for a loan or grant from the agency to fund the acquisition, construction, or rehabilitation of rental housing.

Statutory Authority:

MS s 462A.06

History:

26 SR 1511

Published Electronically:

June 11, 2008