The applicant shall provide an application in the form prescribed by the agency. The application for an operating subsidy must include:
for existing housing developments, the most recent budget for the operation of the housing development showing all operating costs and rents and other income;
a ten-year projected budget for the operation of the housing development showing all operating costs and the rents and other income;
a description of the applicant's goals and objectives in meeting the area's need for the type of housing proposed;
a detailed description of how the housing will be developed and managed, including:
a description of the existing or proposed development, management, and operation of any community, administrative, or program space; and
a description of the existing or proposed development, management, and operation of any commercial space;
for housing developments where tenants will need social and related services in order to establish or maintain residency, a plan for how the service needs of tenants will be met, including, as appropriate, a detailed budget showing the costs of the services and proposed funding sources for the services; and
MS s 462A.06
26 SR 1511; 29 SR 1479
June 11, 2008
Official Publication of the State of Minnesota
Revisor of Statutes