In order to
assist the local housing programs authorized in this rule, the Agency may:
(a) provide technical assistance to local
(b) develop demonstration
projects for serving very low, low and moderate income persons and
(c) encourage cost
effective designs of very low, low and moderate income housing;
(d) provide rehabilitation and construction
financing from the Assets Fund and the Housing Program Reserve Fund, provided
such loans shall pay interest at a rate comparable to earnings on other
priority for mortgage funds made available through the mortgage revenue bond
program of the agency to housing developed by local housing programs;
(f) in conjunction with the Department of
Correction, implement mutually beneficial housing assistance programs for
development of additional housing for very low, low and moderate income
households, utilizing inmates and other vocational training resources;
(g) in conjunction with the
Department of Economic and Community Development, support the funding of
applications for community development block grants for housing.
Tenn. Comp. R. & Regs.
Original rule filed August
30, 1988; effective October 14, 1988.
Authority: T.C.A. §