(1) An application for a TANF allocation must be submitted using the board's uniform application and loan supplement.
(2) At the time the application is submitted, an applicant must also submit:
(a) a narrative addressing the population, including
income levels, to be targeted by the housing assistance organization;
(b) a management plan describing the housing
assistance organization's plan for screening of applicants including the
procedure to be followed to ensure compliance with TANF eligibility
(c) the housing assistance organization's estimate of
annual loan losses and the methodology used to determine the estimate;
(d) a narrative description of the housing assistance
organization's home ownership training and post purchase counseling programs.
(3) Applications will be reviewed by staff designated
by the board and presented to the board for consideration as soon as the review
is completed, but not later than 90 days following receipt of a complete
application by the board.
(4) Applications that are substantially incomplete
shall not be processed, but will be returned to the applicant.