Chapter 175-6 Development Loans

175-6-01 Development loans.

(A) Loans for housing shall be made to sponsors or private developers on forms prescribed by the agency and based on guidelines issued by the agency.

(B) A loan for housing shall be awarded for an amount determined by agency underwriting guidelines.

(C) Loans for housing shall be used for the development and financing of the project.

(D) The interest rate and terms of the loans shall be determined by the agency.

(E) The agency may charge fees for reviewing the application, processing the application, any extensions of the loans, and the closing of the loans, and for any other fee deemed reasonable by the agency.

Cite as Ohio Admin. Code 175-6-01

Effective: 05/19/2014
R.C. 119.032 review dates: 02/27/2014 and 05/19/2019
Promulgated Under: 119.03
Statutory Authority: 175.05
Rule Amplifies: 175.05
Prior Effective Dates: 12-29-87, 3-23-04, 6-8-09

175-6-02 Application for a development loan. [Rescinded].

Rescinded eff 6-8-09

Cite as Ohio Admin. Code 175-6-02

175-6-03 Eligibility of borrowers. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-03

175-6-04 Allowable uses of development loans. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-04

175-6-05 Restrictions and qualifications for making development loans. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-05

175-6-06 Preliminary application and preliminary evaluation. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-06

175-6-07 Development loan proposal design package. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-07

175-6-08 Preliminary application processing and review. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-08

175-6-09 Development loan proposal processing and review. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-09

175-6-10 Equal opportunity. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-10

175-6-12 Handicap requirements. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-12

175-6-14 Interest rate. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-14

175-6-15 Terms and conditions. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-15

175-6-16 Closing and disbursements. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-16

175-6-17 Reporting procedures. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-17

175-6-18 Application forms. [Rescinded].

Rescinded eff 3-23-04

Cite as Ohio Admin. Code 175-6-18