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Housing aid shall not be provided for the purchase of furniture, fixtures and equipment except in the case of a project to construct a new school or new school addition that is also supported by a general obligation or lease revenue bond. Housing aid shall not be provided for projects supported by capital lease agreements that: (1) are not lease purchase agreements; (2) do not demonstrate a direct benefit to the school nor are located on school property; and (3) do not exclude all non-capital costs such as maintenance costs prior to the request for reimbursement.
Cite this article: FindLaw.com - Rhode Island General Laws Title 16. Education § 16-7-44.1. Program restrictions - last updated January 01, 2019 | https://codes.findlaw.com/ri/title-16-education/ri-gen-laws-sect-16-7-44-1.html
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