(a) The Department shall award operating assistance grants to nonprofit organizations to further the production or rehabilitation of limited income housing by those organizations or by individuals they help. (b) A nonprofit organization is eligible for a grant if it meets the performance and other standards that the Department sets and: (1) makes an application that: (i) describes the housing project; (ii) includes evidence of acceptable performance in the prior year, if the nonprofit organization received a grant in the prior year; and (iii) is acceptable to the Department; (2) has helped individuals to apply for loans from the Department; or (3) was responsible for originating applications, as certified by a political subdivision approved by the Department.
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