§ 43.185.074. Low-income housing grants and loans -- Applications
The director shall designate grant and loan applications for approval and for funding under the revenue from remittances made pursuant to *RCW 18.85.310. These applications shall then be reviewed for final approval by the broker's trust account board created by **RCW 18.85.500.
The director shall submit to the broker's trust account board within any fiscal year only such applications which in their aggregate total funding requirements do not exceed the revenue to the housing trust found [fund] from remittances made pursuant to *RCW 18.85.310 for the previous fiscal year.
[1987 c 513 § 11. Formerly RCW 18.85.505.]
Notes:
Reviser's note: *(1) RCW 18.85.310 was recodified as RCW 18.85.285 pursuant to 2008 c 23 § 49, effective July 1, 2010.
**(2) RCW 18.85.500 was repealed by 1994 sp.s. c 9 § 857, effective July 1, 1994.
Effective date -- Severability -- 1987 c 513: See notes following RCW 18.85.285.
Sections: Previous 43.185.015 43.185.020 43.185.030 43.185.050 43.185.060 43.185.070 43.185.070 43.185.074 43.185.076 43.185.080 43.185.090 43.185.100 43.185.110 43.185.120 43.185.130 Next
Last modified: April 7, 2009