§ 1133. General and administrative provisions. 1. The agency shall
issue and promulgate rules and regulations for the administration of
this article. The rules and regulations shall include provisions
concerning eligibility of applicants for grants under this article;
funding criteria and funding determination process; evaluation of
contracting applicants; provisions for modification and termination of
contracts; and such other matters not inconsistent with the purposes and
provisions of this article as the agency shall deem necessary or
appropriate.

2. Not less than seventy-five percent of the total amount appropriated
for the purposes of this demonstration program shall be made available
for projects located in cities, towns or villages having a population of
thirty thousand or less persons; such remaining amounts shall be made
available to projects located in cities, towns or villages having a
population of more than thirty thousand persons.

3. The agency shall inform prospective eligible applicants of the
existence of this program and to the maximum extent practicable shall
provide information on this program to all applicants for housing
programs designed to promote the construction or rehabilitation of
affordable housing.

4. The agency shall enter into agreements to the extent feasible, with
other state agencies and public corporations to carry out the provisions
of this article. In entering into such agreements the agency shall
consider the extent to which funds provided pursuant to this article
would compliment the programs administered by such agencies or public
corporations. Such agreements shall be designed to allow the funds
hereunder to be used in conjunction with the programs administered by
such agencies or public corporations.

5. The agency or its designee shall require submission of the names,
addresses and business background of the principals involved, the nature
of their fiduciary relationship and their financial relationship, past,
present and future, to the project and to each other.