Section 89.07. Fees for cooperative housing.


Latest version.
  • The department may reimburse the manager of cooperative housing for any of the following fees: membership fees; carrying charges; principal and interest; mortgage insurance; property insurance; utility-related costs; property taxes; replacement reserves; and operating and maintenance expenses, provided such reimbursement directly reduces the monthly housing cost of eligible households.
History: Cr. Register, September, 1990, No. 417 , eff. 10-1-90.