Sec. 2605.3. Housing trust fund and affordable housing programs

A company performing rehabilitation or home improvement activities or new construction under the low income housing trust fund program or the affordable housing program shall receive assistance equal to three percent of the amount payable to such company by the housing trust fund corporation or the affordable housing corporation. This assistance shall be for administrative expenses or neighborhood preservation activities related to such rehabilitation, home improvement or new construction. It shall not be subject to the limitation on the amount of funds a company may receive annually or in the aggregate under the neighborhood preservation companies program, but shall be limited to a maximum of $40,000 for each project under the housing trust fund program or the affordable housing program.