Seventy percent (70%) of all funds appropriated to carry out the provisions of this chapter shall be designated for contracts entered into with eligible owners pursuant to § 42-11.2-3(b)(1), and thirty percent (30%) of all such funds shall be designated for contracts entered into with eligible owners pursuant to § 42-11.2-3(b)(2).
R.I. Gen. Laws § 42-11.2-16
Funding
Known as the The Affordable Housing Opportunity Act
The act spans §§ 42-11.2-1 to 42-11.2-9 (16 sections).
P.L. 1988, ch. 579, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.