Tenn. Comp. R. & Regs. 0770-03-01-.01 - DEFINITIONS
(1) Agreement to enter into a Housing
Assistance Payments Contract shall mean a written agreement between the owner
and the Tennessee Housing Development Agency that upon satisfactory completion
of the rehabilitation in accordance with requirements specified in the
agreement, Tennessee Housing Development Agency will enter into a housing
assistance payments contract with the owner.
(2) Eligible Family shall mean a family as
defined in Rule 0770-1-5-.02(13).
(3) Eligible Housing shall mean any type of
rental housing which requires rehabilitation costing at least $1,000 per unit
in order to meet the housing quality standards. In the case of multi-family
units, no more than eight (8) units per structure will be accepted. It is the
Agency's goal that most units rehabilitated under this program will be
basically sound and require only a limited amount of improvement. Mobile homes
and rental housing units assisted under any federal housing program may not be
assisted under the Moderate Rehabilitation Program.
(4) Moderate Rehabilitation shall mean
rehabilitation of property to bring the unit(s) up to the housing quality
standards of the existing housing program. It shall involve a minimum
expenditure of $ 1,000 for a unit, including its prorated share of work to be
accomplished on common areas to upgrade to decent, safe and sanitary condition
to comply with the housing quality standards or other standards approved by
HUD, from a condition below those standards. The improvements shall be of a
modest nature and other than routine maintenance. The improvements may include
the repairing or the replacing of major building systems or components in
danger of failure.
(5) Statement of
Family Responsibility shall mean that statement with regard to the family's
reporting changes in family composition and income as contained in the
certificate of family participation. The certification of family participation
is defined in Rule 0770-1-5-.02(6).
Notes
Authority: T.C.A. ยง 13-23-115(18).
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.