ARM 8.111.512

ARM 8.111.512. TANF LOAN ELIGIBILITY

SupersededLast amended: 2004Length: 117 wordsOfficial source

Cite as Mont. Admin. R. 8.111.512

(1) To be eligible for a TANF loan, an applicant must be a caretaker relative whose household is 200% of the federal poverty guidelines or less. (2) An applicant for a TANF loan from a TANF allocation - home ownership must successfully complete instruction on the responsibilities of home ownership to the satisfaction of the housing assistance organization through which the applicant is making application for a TANF loan. (3) An applicant for a TANF loan from a TANF allocation - home ownership or for a TANF loan for mortgage payment assistance to be funded from a TANF allocation - emergency housing assistance must agree to participate in post purchase counseling provided by the housing assistance organization.
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