Section 15.154.310. Grants.

Latest version.

The Corporation will, in its discretion, make a grant under 15 AAC 154.300 upon proof from a regional housing authority that it has:  
		(1) obtained a federal loan or grant from HUD for a project described in AS 18.55.998(b); and  
		(2) an audit required by AS 18.55.996(i) which indicates:  
			(A) that its accounting records are in conformity with generally accepted accounting principles;  
			(B) it is financially solvent; and  
			(C) no unresolved audit exception with the use of state money by the regional housing authority.

Authorities

18.55.998;18.56.088

Notes

Authority
 AS 18.55.998  
AS 18.56.088  
History Eff. 5/7/93, Register 130

                    
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