8.111.501    PURPOSE OF REGULATIONS

(1) These rules are enacted by the board to provide explanation and guidance for:

(a) loans from the housing Montana fund loan account authorized by 90-6-133(2)(a) and 90-6-134, MCA, pursuant to the criteria and procedures described in ARM 8.111.503 through 8.111.507; and

(b) loans from the TANF program of the affordable housing revolving loan account authorized by 90-6-133(2)(b), MCA, pursuant to the criteria and procedures described in ARM 8.111.508 through 8.111.515.

History: 90-6-136, MCA; IMP, 90-6-134, MCA; NEW, 2002 MAR p. 75, Eff. 1/18/02; AMD, 2008 MAR p. 40, Eff. 1/18/08.