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§ 5.5-55 — Loan limits

Code of Ordinances, City of Batesville, Mississippi (Supp. No. 54: codified through Ordinance No. 2023-08-914, adopted August 15, 2023) · Batesville Code of Ordinances § 5.5-55

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Sec. 5.5-55. - Loan limits.

The maximum assistance under the program shall be zero (0) bedrooms—nineteen thousand seven hundred sixty-five ($19,765.00); one (1) bedroom—twenty-two thousand six hundred fifty-seven ($22,657.00); two (2) bedrooms—twenty-seven thousand five hundred fifty ($27,550.00); three (3) bedrooms—thirty-five thousand six hundred forty-one ($35,641.00); four (4) bedrooms—thirty-nine thousand one hundred twenty-three ($39,123.00). Additional assistance may be approved for unforeseen conditions found after starting the rehabilitation and necessary for completion of the work.

(Ord. No. 95-01-488, § 4.0, 1-3-95)