Utah Code 35A-8-506. Authority of the executive director
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Terms Used In Utah Code 35A-8-506
- Board: means the Housing Board created by this part. See Utah Code 35A-8-501
- Director: means the director of the division. See Utah Code 35A-8-101
- Executive director: means the executive director of the department appointed under Section 35A-1-201. See Utah Code 35A-1-102
- Fund: means the Olene Walker Housing Loan Fund created by this part. See Utah Code 35A-8-501
- Housing sponsor: means a person who constructs, develops, rehabilitates, purchases, or owns a housing development that is or will be subject to legally enforceable restrictive covenants that require the housing development to provide, at least in part, affordable housing. See Utah Code 35A-8-501
35A-8-506. Authority of the executive director.
The executive director, with the approval of the board, may grant or lend fund money to a housing sponsor.
The executive director, with the approval of the board, may grant or lend fund money to a housing sponsor.
Amended by Chapter 279, 2017 General Session