§ 11½-64. Affordable housing assistance trust fund.

Latest version.

(a)

Pursuant to the requirements of the act, the city agrees to establish an affordable housing assistance trust fund ("fund") within the official and fiscal accounting records of the city. All monies deposited in the funds shall be subject to the requirements of the act, and the city ordinance establishing the fund.

(b)

The city shall cause the fund to be audited, and shall report the results of each audit as required by the act.

(Ord. No. 96O-105, § 2(4), 3-25-96)

                    
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