Conn. Agencies Regs. § 8-79a-6

Current through November 7, 2024
Section 8-79a-6 - Application and approval procedures

(Other Developers) The following application and approval steps shall apply to all moderate rental housing program projects to be developed by developers other than housing authorities:

(a) Invitation to submit a preliminary proposal;
(b) Submission of a preliminary proposal;
(c) Approval of preliminary proposal by the commissioner;
(d) Submission of a formal application;
(e) A public hearing to be held by the commissioner in the municipality where the proposed project will be located pursuant to section 8-74(1) Connecticut General Statutes;
(f) Site approval by the commissioner;
(g) Approval of formal application by the commissioner;
(h) State bond commission approval;
(i) Issuance of mortgage commitment letter to developers; and
(j) Approval of the proposed methods of financing, the proposed rents, the income limits for admission and continued occupancy and a detailed estimate of the expenses and revenues thereof by the commissioner pursuant to section 8-74(3) of the Connecticut General Statutes.

Conn. Agencies Regs. § 8-79a-6

Effective April 21, 1986