LAC 16:II.107
C. Leverage Ratio for Each HOME Dollar
| Minimum Other Dollars | |
|---|---|
| $1 | 5 |
| $2 | 10 |
| $3 | 15 |
| $4 | 20 |
| $5 | 25 |
D. Jurisdiction Proposes to Rehabilitate Substandard Housing Units to Minimum Quality Standards with Total Funds Per Unit Not Exceeding:
| $ 2,500 | 25 |
| $ 5,000 | 20 |
| $ 7,500 | 15 |
| $10,000 | 10 |
| $15,000 | 7 |
| $20,000 | 5 |
| $25,000 | 2 |
E. Jurisdiction Rehabilitate to HQS Following Percentage of Substandard Units in Rehabilitation Area:
| 90-100 percent | 50 |
| 80-90 percent | 40 |
| 70-80 percent | 30 |
| 60-70 percent | 20 |
| 50-60 percent | 10 |
| Less than 50 percent | 0 |
AUTHORITY NOTE: Promulgated in accordance with the Louisiana Housing Finance Act, R.S. 40:600.1 et seq.
HISTORICAL NOTE: Promulgated by the Department of the Treasury, Housing Finance Agency, LR 19:908 (July 1993).