A self-supporting company, the North Carolina Housing Finance Company sells bonds, administers tax credit score packages and uses state and federal funds to provide affordable housing in partnership with native governments, nonprofit housing producers and for-revenue builders. (8A) Eligible State or Local Authorities Unit” means any state or political subdivision thereof inside the which means of § 103 of the Inside Income Code of 1986 (or successor provisions), including any agency, authority, physique, fee or entity that acts on behalf of any such state or political subdivision, which is permitted under applicable law to difficulty bonds or enter into other obligations for the aim of providing low and reasonable earnings housing.
(13) Moderate revenue persons” means those individuals and households whose annual revenue as decided by the Agency doesn’t exceed the earnings requirements for reasonable revenue persons established by the Inside Revenue Service or the Department of Housing and Urban Improvement infrequently as relevant to the actual housing challenge or homeownership program underneath the Agency’s plan of financing.
Housing Finance Company Fort Stevens Apartments Tax-Exempt Multi-Household Mortgage Revenue Bonds Approval Resolution of 1998: Pursuant to Decision 12-748, efficient November 10, 1998, the Council permitted the District of Columbia Housing Finance Company’s proposal for the acquisition and rehabilitation of the Fort Stevens Apartments in Ward four.
Finance Agency Stewart Glen Flats Tax-Exempt Multi-Family Mortgage Income Bonds Approval Resolution of 1998: Pursuant to Decision 12-751, effective November 10, 1998, the Council accredited the District of Columbia Housing Finance Agency’s proposal for the acquisition and rehabilitation of the Stewart Glen Residences in Ward 8.
Approval of Supplemental Collateralized Single-Household Mortgage Buy Program: Pursuant to Resolution 7-344, the Housing Finance Company Supplemental Collateralized Single-Household Mortgage Buy Decision of 1988”, efficient November 15, 1988, the Council permitted the Supplemental Collateralized Single-Household Mortgage Purchase Program.