Iowa Code r. 265-43.3 - Award of loan funds
It is the authority's intent to award loans under the program to those applicants that meet all of the requirements of this chapter and the published underwriting standards of the loan program. When an applicant for loan funds also qualifies for HOME program funds, the project must satisfy all application requirements of the HOME program adopted by the authority pursuant to rule 265-39.6 (16). The authority intends to award the available funds under this program each year if applicants meet all applicable requirements.
Notes
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