ARM 8.111.501. PURPOSE OF REGULATIONS

(1) These rules are enacted by the board to provide explanation and guidance for: (a) loans from the affordable housing revolving loan account authorized by 90-6-133(2) (a) and 90-6-134, MCA, pursuant to the criteria and procedures described in ARM 8.111.503 through 8.111.507; and (b) loans from the TANF program of the affordable housing revolving loan account authorized by 90-6-133(2) (b) , MCA, pursuant to the criteria and procedures described in ARM 8.111.508 through 8.111.515.