Georgia Code
Article 8 - Georgia Allocation System
§ 36-82-196. Factors to Consider in Applying Policy Guidelines

When the department is required to apply the policy guidelines it may consider such factors, known as evaluation factors, in deciding which applications should receive a notice of allocation. The evaluation factors to be considered shall include, but are not limited to, the number of permanent jobs created or retained; the commitment of the borrower to hire individuals eligible for training under the Job Training Partnership Act or its successor program; the unemployment rate of the territorial area of the issuer compared to the state as a whole; the ratio of private investment to bond financing; evidence of HoDAG or UDAG approval; the amount of benefit to low-income to moderate-income individuals; the cost per qualified residential rental unit; the housing vacancy rate of the territory of the issuer compared to the state as a whole, as determined by the department; and the degree to which the combination of income and price limits serve to target the single-family housing bonds to low-income to moderate-income households.
History. Code 1981, § 36-82-203, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, § 36-82-196 , as redesignated by Ga. L. 1990, p. 817, § 1; Ga. L. 1991, p. 94, § 36.
Editor’s notes.
Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed the former Code Section 36-82-196, which was based on Ga. L. 1987, p. 486, § 1, and which related to applications for the limited purpose share and applications for notices of allocation from the limited purpose share.

Structure Georgia Code

Georgia Code

Title 36 - Local Government

Chapter 82 - Bonds

Article 8 - Georgia Allocation System

§ 36-82-180. Short Title

§ 36-82-181. Legislative Purpose

§ 36-82-182. Definitions

§ 36-82-183. Powers of Department

§ 36-82-184. Determination of State Ceiling; Records Required

§ 36-82-185. Application for Notice of Allocation; Receipt of Application; Issue of Notice; Confirmation of Bond Issue; Certificates Under Federal Code

§ 36-82-186. Economic Development Share

§ 36-82-187. Application for Economic Development Share and Competitive Pool Allocation; Priority of and Approval of Application; Carrying Over; Time and Amount Limitation

§ 36-82-188. Employment Test

§ 36-82-189. Housing Share

§ 36-82-190. Reservations From Housing Share

§ 36-82-191. Applications for Single-Family Bond Projects; Issue of Notice; Confirmation; Exploration

§ 36-82-192. Requirements for Applications for Qualified Residential Rental Projects; Periods for Notices of Allocation; Expiration Dates for Notices; Confirmation of Issuance Required

§ 36-82-193. Flexible Share for 1990

§ 36-82-194. Application for Flexible Pool Allocation; Issue of Notice; Confirmation; Expiration

§ 36-82-195. Policy Guidelines for Making Allocations

§ 36-82-196. Factors to Consider in Applying Policy Guidelines

§ 36-82-197. Transfer of Fund From Economic Development Share or Applicable Reservation Component of Housing Share to the Flexible Share

§ 36-82-198. Flexible Share Carryforward Funds

§ 36-82-199. Carryforward Applications

§ 36-82-200. Mortgage Credit Certificate Carryforward Election

§ 36-82-201. State Ceiling Deemed Allocated and Assigned

§ 36-82-202. Applicability