§ 31.14. Ancillary facilities.

 In financing the construction of low and moderate income housing, the Agency encourages the construction of community, recreational, commercial, and other nonhousing facilities to the extent economically feasible. Since the Agency primarily finances the construction or rehabilitation of housing, the proportion of nonhousing facilities should be incidental to the housing proposed and subsequently developed in accordance with the Federal Internal Revenue Service requirements, and in accordance with provisions of the act.

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