(a) A household is eligible to receive Rental Assistance Program benefits if the household meets the standards established in regulations. The standards of eligibility must consider, but are not limited to, the following elements:
(1) gross income limits for varying household sizes;
(2) the combined assets of the members of the household;
(3) appropriateness of the size of the rental unit for the number of persons in the household; and
(4) whether the actual rent paid exceeds a monthly rent limit for the size rental unit that has been set by regulation.
(b) Not more than one household in a rental unit may be approved for or receive benefits under this Chapter during any month. (1985 L.M.C., ch. 50, § 2; 1993 L.M.C., ch. 1, § 1; 2000 L.M.C., ch. 3, § 1; 2020 L.M.C., ch. 23, §1.)
Note-Formerly, § 41A-2.