(1) An application for a TANF allocation must be submitted using the board's uniform application and loan supplement.

(2) At the time the application is submitted, an applicant must also submit:

(a) a narrative addressing the population, including income levels, to be targeted by the housing assistance organization;

(b) a management plan describing the housing assistance organization's plan for screening of applicants including the procedure to be followed to ensure compliance with TANF eligibility requirements;

(c) the housing assistance organization's estimate of annual loan losses and the methodology used to determine the estimate;

(d) a narrative description of the housing assistance organization's home ownership training and post purchase counseling programs.

(3) Applications will be reviewed by staff designated by the board and presented to the board for consideration as soon as the review is completed, but not later than 90 days following receipt of a complete application by the board.

(4) Applications that are substantially incomplete shall not be processed, but will be returned to the applicant.

History: Sec. 90-6-136, MCA; IMP, Sec. 90-6-134, MCA; NEW, 2002 MAR p. 75, Eff. 1/18/02; AMD, 2004 MAR p. 1142, Eff. 5/7/04.