Minn. R. agency 148, ch. 4900, RENTAL HOUSING FOR INDIVIDUALS, pt. 4900.2804

Current through Register Vol. 49, No. 24, December 9, 2024
Part 4900.2804 - REQUIRED OCCUPANCY

The dwelling units developed with loan funds from a rental housing program for individuals must be occupied by individuals whose adjusted income at the time of the initial occupancy does not exceed 30 percent of the area median income, with the area median income defined as: the greater of the county median income or the Minnesota nonmetro median average as either is defined by the United States Department of Housing and Urban Development.

Minn. R. agency 148, ch. 4900, RENTAL HOUSING FOR INDIVIDUALS, pt. 4900.2804

15 SR 12

Statutory Authority: MS s 462A.06