SECTION 330:40-11-1. Funding  


Latest version.
  •   An Application Packet will be rejected if the proposed budget exceeds $ 3,500 per Property per year, absent a waiver by OHFA to be granted only upon showing of extreme circumstances. A written waiver request and the reasons therefore must accompany the Application. Further, no Project may receive assistance for more than five (5) Properties.
[Source: Amended at 10 Ok Reg 971, eff 1-29-93 (emergency); Amended at 10 Ok Reg 4057, eff 7-26-93; Amended at 21 Ok Reg 2295, eff 7-12-04]