12 Pa. Code § 141.301. Purpose.

SECTION 108 LOAN PROGRAM

§ 141.301. Purpose.

This section and § §  141.302—141.309 contain conditions under which the Department will guarantee the notes or other obligations issued by public entities in compliance with Federal regulations authorizing a guarantee program under section 108 of the Housing and Community Development Act of 1974. See 24 CFR Subchapter C, Subpart M (relating to loan guarantees).

Authority

   The provisions of this §  141.301 issued under the Community Development Block Grant Entitlement Program for Nonurban Counties and Certain Other Municipalities (35 P. S. § §  1751—1765).

Source

   The provisions of this §  141.301 adopted August 21, 1992, effective August 22, 1992, 22 Pa.B. 4313.

Cross References

   This section cited in 12 Pa. Code §  141.302 (relating to definitions); 12 Pa. Code §  141.307 (relating to limitations on loan commitments—public entities); 12 Pa. Code §  141.308 (relating to CDBG requirement); and 12 Pa. Code §  141.309 (relating to Department approval).

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