Section 125.182. Eligible improvements.

Improvements made with home improvement loan proceeds shall satisfy the following requirements:

(a)   Improvements may be made in order to comply with applicable  state, county, and municipal health, housing, building, fire prevention and housing  maintenance codes, or other public  standards  applicable   to housing.

(b)    Improvements may also be made which protect or  improve  the  basic livability or utility of a residential structure, thereby  making  the residential structure safe, sanitary, or adequate. However, to be an eligible improvement, it shall be a permanent general improvement.

(c)   An improvement shall be  made   in  compliance   with  all  applicable health, fire prevention, building, housing, and housing maintenance codes, and other public standards applicable to housing. However,  no  application for a home improvement loan for a dwelling unit occupied by the owner shall be denied solely because the improvements will not bring  the dwelling  unit  into   full compliance  with  all applicable   codes    and standards.

(d)  Home improvement loans proceeds shall not be  used  for   the  payment, wholly or in part, of an assessment for public  improvements.  However, proceeds may be used for improvements which will bring an individual sewage disposal system, including septic systems, located on the residential real property improved by a residential  structure   into compliance with local,  state,  and  federal    environmental and   sanitary standards.

(e)   The authority may require that all contracts   covering  all  or   any

portion of an improvement contain an authority-approved warranty on workmanship and materials.

History: 1979 AC.