6 Miss. Code. R. 4-7.1 - Organizational Status (Legal Status) and Mission Requirements for CHDO Certificatio
A. Organized Under
State/Local Law. An organization must show evidence to MDA either in its
charter or articles of incorporation, that it is organized under state or local
law.
B. Non-Profit Status. A tax
exemption ruling from the Internal Revenue Service as evidenced by a 501(c) (3)
or (c) (4) Certificate from the IRS.
C. Purpose of Organization. The
organization's primary purpose must be the provision of decent housing that is
affordable to low- income people. This must be evidenced by a statement in the
organization's charter, articles of incorporation, by-laws, or
resolutions.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.