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Question 2
The Downpayment Assistance payment for a 90-day occupant may be increased to what amount even though the rental subsidy calculation may be less:
A statutory amount limited to $5,250.
May exceed $5,250, provided the payment is credited to the outstanding principal amount.
A statutory cap of $22,500.
Both 1 & 2.
None of the above.
Notes:
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