§ 4033. Loan terms and conditions.
§ 4033. Loan terms and conditions. Loans made by DSHA shall be subject to the following terms and conditions: (1) No application for a loan for a housing development shall be processed unless the applicant is a housing sponsor as defined in § 4001 of this title. (2) The ratio of loan to total housing […]
§ 4034. Procedure prior to financing of housing developments undertaken by housing sponsors.
§ 4034. Procedure prior to financing of housing developments undertaken by housing sponsors. Notwithstanding any other provisions of this chapter, DSHA is not empowered to finance any housing development undertaken by a housing sponsor pursuant to §§ 4031, 4032 and 4033 of this title, unless prior to the financing of any housing development hereunder DSHA […]
§ 4030. Housing Development Fund.
§ 4030. Housing Development Fund. (a) The “Housing Development Fund” shall be administered by the Housing Director as a revolving fund for carrying out the purposes of this chapter. DHSA shall report to the General Assembly on an annual basis any private contributions by gift or bequest received and/or deposited in the Housing Development Fund. […]
§ 4031. Powers relative to making mortgage loans and temporary construction loans to housing sponsors and persons and families of low- and moderate-income.
§ 4031. Powers relative to making mortgage loans and temporary construction loans to housing sponsors and persons and families of low- and moderate-income. (a) DSHA shall have all the powers necessary or convenient to carry out and effectuate the purpose and provisions of this chapter, including the following powers in addition to others herein granted: […]
§ 4032. Power to supervise housing sponsors.
§ 4032. Power to supervise housing sponsors. DSHA shall have the power to supervise housing sponsors, including limited profit housing sponsors and their real and personal property, in the following respects: (1) DSHA may prescribe uniform systems of accounts and records for housing sponsors and may require them to make reports and give answers to […]