# 13 Va. Admin. Code § 10-140-90: 13VAC10-140-90. Construction loan, permanent loan and purchase price increases

> Virginia · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_90

## Section

- **Citation:** 13 Va. Admin. Code § 10-140-90
- **Heading:** 13VAC10-140-90. Construction loan, permanent loan and purchase price increases
- **Jurisdiction:** Virginia
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Administrative Code / Title 13 Housing / Agency 10 Virginia Housing Development Authority / Chapter 140 / 13VAC10-140-90

## Text

The authority may consider and, where appropriate, approve an increase in the purchase price, an increase in the principal amount of the construction loan or an increase in the principal amount of the permanent loan, or both, if determined by the authority to be in its best interest in accomplishing the acquisition or in protecting its security. Nothing contained in this section shall impose any duty or obligation on the authority to increase any purchase price or the principal amount of any construction loan or permanent loan, as the decision as to whether to grant a purchase price, construction loan or permanent loan increase shall be within the sole and absolute description of the authority.

## Nearby sections

- [13 Va. Admin. Code § 10-140-10 13VAC10-140-10. Purpose and applicability](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_10.md)
- [13 Va. Admin. Code § 10-140-20 13VAC10-140-20. Income limits and general restrictions](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_20.md)
- [13 Va. Admin. Code § 10-140-30 13VAC10-140-30. Terms of acquisition and construction loan](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_30.md)
- [13 Va. Admin. Code § 10-140-40 13VAC10-140-40. Application and acceptance for processing](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_40.md)
- [13 Va. Admin. Code § 10-140-50 13VAC10-140-50. Feasibility and commitment](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_50.md)
- [13 Va. Admin. Code § 10-140-60 13VAC10-140-60. Initial closing](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_60.md)
- [13 Va. Admin. Code § 10-140-70 13VAC10-140-70. Construction](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_70.md)
- [13 Va. Admin. Code § 10-140-80 13VAC10-140-80. Completion of construction and final closing](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_80.md)
- [13 Va. Admin. Code § 10-140-90 13VAC10-140-90. Construction loan, permanent loan and purchase price increases](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_90.md)
- [13 Va. Admin. Code § 10-140-100 13VAC10-140-100. Operation, management and marketing](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_100.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_13_10_140_90. Check the current official text before relying on it. Not legal advice.