122:6-1-04 Fund limitations.

(A) Each recipient of a grant or loan made from the trust fund for activities that will provide, or assist in providing, rental housing shall reasonably ensure that the rental housing will be affordable to those families and individuals targeted for the rental housing for the useful life of the rental housing project or for thirty years, whichever is longer;

(B) Each recipient of a grant or loan made from the trust fund for activities that will provide, or assist in providing, housing shall prepare and implement a plan to reasonably assist any families and individuals displaced by the housing project in obtaining decent affordable housing.

(C) Each recipient of a grant or loan made from the trust fund shall certify, by using the forms prescribed by CDD, that they will comply with all applicable state and federal laws including but not limited to fair housing and anti-discrimination statutes.

HISTORY: Eff 4-16-92 (Emer.); 6-26-92

Rule promulgated under: RC Chapter 119.

Rule authorized by: RC 175.22(D)

Rule amplifies: RC 175.21 to 175.25