Current through October 16, 2024
Section 8-416-8 - Compliance(a) In addition to any state or local health department inspections, the subject property may be inspected by the Commissioner or his representative before, during and after the repairs, replacement or enlargement work is performed to ensure that the work undertaken with the loan is in accordance with the public health code and is at a cost consistent with the loan amount.(b) At the discretion of the Commissioner, the homeowner shall be required to immediately repay the loan or deferred loan, plus any accrued interest, to the state if: (1) The homeowner no longer occupies the property;(2) The homeowner has transferred, conveyed or otherwise assigned his interest in the property; or(3) all or part of the loan or deferred loan is used for purposes other than eligible repairs, replacement or enlargement costs.Conn. Agencies Regs. § 8-416-8