0770-01-04-.07
Rental Charges
Cite as Tenn. Comp. R. & Regs. 0770-01-04-.07
In establishing or approving rent structures the Agency will provide for rents, which
together with other monies legally available to the Agency or the housing sponsor with respect to the housing development, will
be sufficient to meet the debt service, maintenance and operational requirements of the housing development and in circum-
stances appropriate for limited profits a return on equity. Only rents established or approved by the Agency from time to time may
be charged for dwelling units in housing developments financed by an Agency mortgage loan.