Georgia § 8-3-310 Authorized disbursements for residential housing projects

Georgia Statutes

§ 8-3-310 — Authorized disbursements for residential housing projects

With respect to residential housing projects, the commission may authorize the disbursement of available money from the trust fund for residential housing projects sponsored by a qualified sponsor. The commission may consult, as appropriate, with persons with varied and diverse interests in housing in order to acquaint them with the trust fund and to solicit information relating to housing needs, residential housing projects, and criteria for selection of residential housing projects. The criteria for making such disbursement decisions shall include, but shall not be limited to:

(1)The number of persons assisted;

(2)The leveraging of money or in-kind services by a qualified sponsor;

(3)The geographic distribution of residential housing projects;

(4)The availability of other forms of as

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With respect to residential housing projects, the commission may authorize the disbursement of available money from the trust fund for residential housing projects sponsored by a qualified sponsor. The commission may consult, as appropriate, with persons with varied and diverse interests in housing in order to acquaint them with the trust fund and to solicit information relating to housing needs, residential housing projects, and criteria for selection of residential housing projects. The criteria for making such disbursement decisions shall include, but shall not be limited to: (1) The number of persons assisted; (2) The leveraging of money or in-kind services by a qualified sponsor; (3) The geographic distribution of residential housing projects; (4) The availability of other forms of assistance; and (5) Any and all other factors bearing upon the advisability and necessity of the residential housing project.

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