HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
Rule: 8.111.802 Prev     Up     Next    
Rule Title: DEFINITIONS
Add to My Favorites
Add to Favorites
Department: COMMERCE
Chapter: BOARD OF HOUSING
Subchapter: Coal Trust Multifamily Homes (CTMH) Program
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

Printer Friendly Version

8.111.802    DEFINITIONS

When used in these rules, unless the context clearly requires a different meaning:

(1) "Application" means the Montana Board of Housing Loan Process published by the board, a copy of which may be obtained by contacting the board by mail at P.O. Box 200528, Helena, Montana 59620-0528, by telephone at (406) 841-2840, or at the board's web site www.housing.mt.gov.

(2) "Board" means the Montana Board of Housing created by 2-15-1814, MCA.

(3) "CTMH" means the Coal Trust Multifamily Homes program authorized by 17-6-308(6), MCA, and Title 90, chapter 6, part 1, MCA.

(4) "Low-income" means households whose incomes do not exceed 80% of the median income in the area as determined by the US Department of Housing and Urban Development with adjustments for smaller and larger families.

(5) "Moderate-income" means households whose incomes are between 81% and 95% of the median income for the area as determined by the US Department of Housing and Urban Development with adjustments for smaller and larger families.

(6) "Multifamily rental housing project" means a project that is two or more rental units.

(7) "Total development cost" means all costs shown in the application on the Uses of Funds line "Total Projects Costs without Grant Admin." Total project cost does not include grant administration costs.

 

History: 90-6-136, MCA; [Chapter 774, Sections 16 and 17, L. 2023]; IMP, 17-6-308, 90-6-137, MCA; NEW, 2019 MAR p. 1631, Eff. 9/21/19; AMD, 2023 MAR p. 1405, Eff. 10/21/23.


 

 
MAR Notices Effective From Effective To History Notes
8-111-202 10/21/2023 Current History: 90-6-136, MCA; [Chapter 774, Sections 16 and 17, L. 2023]; IMP, 17-6-308, 90-6-137, MCA; NEW, 2019 MAR p. 1631, Eff. 9/21/19; AMD, 2023 MAR p. 1405, Eff. 10/21/23.
8-111-170 9/21/2019 10/21/2023 History: Ch. 460, Sec. 1, L. 2019; IMP, Ch. 460, Sec. 1, L. 2019; NEW, 2019 MAR p. 1631, Eff. 9/21/19.
Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security