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Title 15 . Revenue
Chapter 154 . (Repealed)
Section 310. Grants

15 AAC 154.310. Grants

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

AS 18.56.088


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Last modified 7/05/2006