Sec. 05.05.01.22. Threshold Criteria

Latest version.

A. The Department shall establish detailed threshold criteria, including the following categories:

(1) Development team requirements;

(2) Occupancy requirements;

(3) Marketing requirements;

(4) Tenant services;

(5) Provisions for persons with disabilities or special needs;

(6) Other financing commitments;

(7) Underwriting requirements;

(8) Readiness to proceed;

(9) Site requirements;

(10) Market studies; and

(11) Development quality.

B. The threshold criteria under §A of this regulation shall be established by the Department in the Program Guide and may be modified from time to time to eliminate or add categories or criteria.

                    
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