Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 15. Revenue. |
Chapter 15.154. Grant Programs. |
Article 15.154.2. Senior Citizens Housing Development Grants. |
Section 15.154.110. Repair and replacement fund.
Latest version.
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In addition to the requirements established at 15 AAC 154.040, a grant agreement for a grant made under 15 AAC 154.100 - 15 AAC 154.110 will include a provision requiring the establishment of a repair and replacement fund to be used for such items as carpet replacement, painting, roof repair, and other major maintenance and repair costs. The grant agreement will establish specific terms for the size and funding requirements of the repair and replacement fund.
Authorities
18.56.088;18.56.810