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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.
History: Eff. 5/7/93, Register 130
Authority: AS 18.55.998
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The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
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Last modified 7/05/2006