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Michigan Administrative Code (Last Updated: November 16, 2016) |
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Department TA. Talent and Economic Development |
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Michigan State Housing Development Authority - General Rules |
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Part 3. DEVELOPMENT FUND LOANS AND FEASIBLE PROJECTS |
Section 125.131. Applications.
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(1) An application for a determination that a proposed housing project is a feasible housing project shall include information, and where required by the authority staff, supporting materials and evidence with respect to all of the following:
(a) The status of the applicant as an eligible applicant, or that reas-onable steps have been taken to become an eligible applicant.
(b) The site of the proposed housing project, including location, dimen-sions, ownership, present zoning, present use and occupancy and relocation requirements as to present occupants, present on-site improvements such as streets, utili-ties, and structures, status of off-site utilities and streets, present property taxes and assessments, utility charges, and liens or other charges on the land, and all physical characteristics of the site that may affect construction.
(c) The status and characteristics of the proposed housing project, includ-ing number and size of dwelling units, type of occupancy (ownership, rental, or cooperative), rehabilitation or new construction, range of proposed rents, occu- pancy charges or sale prices, building type, federally-aided mortgage or other- wise, and social, recreational, commercial, and communal facilities proposed to serve and improve the residential area in which the proposed housing is located or to be located.
(d) A schedule of the proposed uses of any requested development fund loan and the amounts proposed to be allocated to each such use.
(e) Other matters as to the proposed housing project, the applicant, and other parties involved in the housing project as the authority staff and the executive director may require.
(2) An application for a development fund loan shall include information, and where required by the authority staff, supporting materials and evidence with respect to all of the following:
(A) The status of the applicant as an eligible applicant, or that reas-onable steps have been taken to become an eligible applicant.
(B) The site of the proposed housing project.
(C) The status and characteristics of the proposed housing project and social, recreational, commercial, and communal facilities proposed to serve and improve the residential area in which the proposed housing is located or to be located.
(D) A schedule of the proposed uses of the requested development fund loan and the amounts proposed to be allocated to each such use.
(E) Other matters as to the proposed housing project, the applicant, and other parties involved in the housing project as the authority staff and the executive director may require.
History: 1979 AC; 1998-2000 AACS.