Long-Term Operating Support (LTOS) Program

Section 380.203  Long-Term Operating Support (LTOS) Program Each Agency shall establish a competitive Application process for providing long-term operating support to Projects providing Units newly available to Extremely Low-Income Households and Severely Low-Income Households within its jurisdiction.  Each Agency shall administer the funds for its LTOS Program in a manner consistent with criteria established in Subpart F, but Municipalities may include additional preferences and requirements set forth in writing in the Municipality's Application form, as long as those preferences and requirements are consistent with applicable federal, State and local law.