Current through December 27, 2024
Section 8-218c-19 - Eligibility(a) A Community Housing Development Corporation must, in addition to the requirements in subsection (f) below: (1) Be in good standing with the Department;(2) Submit a statement, except for those corporations specially chartered by the general assembly, showing designation by the governing body of a municipality or by a joint resolution of the governing bodies of two or more municipalities to enter into contracts with the state as provided for in Section 8-218 of the Connecticut General Statutes;(3) Submit documentation of tax exempt status, if applicable;(4) Submit an endorsed certificate of incorporation, which includes the articles of incorporation, certified by the Secretary of The State;(5) Submit a certificate of good standing certified by the Secretary of The State; and(6) Inform the Department, in writing, of the corporation's principal place of business.(b) A housing authority must, in addition to the requirements in subsection (f) below:(1) Be in good standing with the Department;(2) Submit a statement from the legal counsel of the housing authority that verifies that the housing authority is recognized and continues to be properly constituted by the municipality in accordance with Section 8-40 of the Connecticut General Statutes.(c) A nonprofit corporation must, in addition to the requirements in subsection (f) below: (1) Submit documentation of tax exempt status, if applicable;(2) Submit a certificate of good standing certified by the Secretary of The State; and(3) Inform the Department, in writing, of the corporation's principal place of business.(d) A business corporation must, in addition to the requirements in subsection (f) below: (1) Submit a copy of their organizational documents;(2) Submit an endorsed certificate of incorporation, which includes the articles of incorporation, certified by the Secretary of The State;(3) Submit a certificate of good standing certified by the Secretary of The State;(4) Inform the Department, in writing, of the corporation's principal place of business.(e) A housing partnership must, in addition to the requirements in subsection (f) below: (1) Submit a copy of their organizational documents;(2) Submit for each entity comprising the partnership an endorsed certificate of incorporation, which includes articles of incorporation, certified by the Secretary of the State, or a copy of each entity's documents of organization, as appropriate;(3) Submit remaining information required in subsection (a), (b), or (e), as appropriate, for each member of the partnership; and(4) A statement in writing of the partnership's principal place of business.(f) All community housing development corporations, housing authorities, nonprofit corporations, business corporations or housing partnerships must: (1) Submit a list of housing developments which they have developed, owned, or managed; and(2) Submit a statement authorizing the Commissioner to apply for a credit report from any appropriate credit reporting agency covering the developer for consideration in determining the financial capability of the developer; and(3) Submit names, addresses and telephone numbers of its current commissioners or officers and statutory agent for service.(g) A person or family approved by the Commissioner must:(1) Submit their social security number(s);(2) Inform the Department, in writing, of their principal place of business and the telephone numbers of the person or the family members;(3) Show financial ability to undertake the development of the project through the provision of financial statements of the person or family;(4) Submit a resume of previous participation in housing programs;(5) Supply a statement authorizing the Commissioner to apply for a credit report for the person or family for consideration in determining their financial capability and reliability.(h) A municipal developer must submit a notarized copy of its legislative body's resolution designating their governing body as a municipal developer.Conn. Agencies Regs. § 8-218c-19
Effective November 30, 1990