(a) Applicants shall identify proposed Properties for their Project in their Application. Final approval by OHFA of all Project Properties is required before funding. Properties must meet:
- (1) the minimum housing quality standards adopted by HUD and set forth at 24 CFR 882.109, which housing quality standards are specifically adopted herein by reference; and
- (2) comply with all state and local zoning requirements.
- (b) If, upon inspection, Property(ies) fail to pass minimum housing quality standards, OHFA may, upon written notice to the Recipient, deobligate all or a portion of the Grant. OHFA may, in its sole discretion, permit the Recipient to substitute another property upon good cause shown.
Amended at 10 Ok Reg 971, eff 1-29-93 (emergency)
Amended at 10 Ok Reg 4057, eff 7-26-93
Amended at 21 Ok Reg 2295, eff 7-12-04