North Carolina Administrative Code (Last Updated: November 13, 2014) |
TITLE 24. INDEPENDENT AGENCIES |
CHAPTER 01. NC HOUSING FINANCE AGENCY |
SUBCHAPTER D. SINGLE FAMILY MORTGAGE PURCHASE PROGRAM |
24 NCAC 01D .0501. CREATION OF FUND
Latest version.
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The agency hereby establishes the Homeownership Assistance Fund, hereinafter referred to as the "fund", for the purpose of assisting persons of lower or moderate income in the purchase of affordable housing and to provide mortgage assistance to eligible households through organizations that aid in the production of affordable housing.
History Note: Filed as a Temporary Rule Eff. May 15, 1984, for a Period of 120 Days, to Expire on September 12, 1984;
Authority G.S. 122A‑5.7;
Eff. August 1, 1984;
Amended Eff. December 1, 1989; June 1, 1987.