§ 157-38 – Rural housing projects.
157-38. Rural housing projects. Housing authorities created for counties and regional housing authorities are specifically empowered and authorized to borrow money, accept grants and exercise their other powers to provide housing for farmers of low income. In connection with such projects, such housing authorities may enter into such lease or purchase agreements, accept such conveyances […]
§ 157-39 – Housing applications by farmers.
157-39. Housing applications by farmers. The owner of any farm operated, or worked upon, by farmers of low income in need of safe and sanitary housing may file an application with a housing authority of a county or a regional housing authority requesting that it provide for a safe and sanitary dwelling or dwellings for […]
§ 157-32.2 – Other validation of contracts, agreements, etc.
157-32.2. Other validation of contracts, agreements, etc. All contracts, agreements and undertakings of such housing authorities heretofore entered into relating to financing, or aiding in the development or operation of any housing projects, including (without limiting the generality of the foregoing) loan and annual contributions contracts, agency contracts and leases, agreements with municipalities or other […]
§ 157-32.3 – Other validation of bonds and notes.
157-32.3. Other validation of bonds and notes. All proceedings, acts and things heretofore undertaken or done in or for the authorization, issuance, execution and delivery of notes and bonds by housing authorities for the purpose of financing or aiding in the development or construction of a housing project or projects, and all notes and bonds […]
§ 157-32.4 – Further validation of contracts, agreements, etc.
157-32.4. Further validation of contracts, agreements, etc. All contracts or agreements of housing authorities heretofore entered into with the federal government or its agencies, and with municipalities or others relating to financial assistance for housing projects in which it was required that loans or advances shall bear an interest rate in excess of six per […]
§ 157-33 – Notice, hearing and creation of authority for a county.
157-33. Notice, hearing and creation of authority for a county. Any 25 residents of a county may file a petition with the clerk of the board of county commissioners setting forth that there is a need for an authority to function in the county. Upon the filing of such a petition such clerk shall give […]
§ 157-34 – Commissioners and powers of authority for a county.
157-34. Commissioners and powers of authority for a county. The commissioners of a housing authority created for a county may be appointed and removed by the board of county commissioners of the county in the same manner as the commissioners of a housing authority created for a city may be appointed and removed by the […]
§ 157-35 – Creation of regional housing authority.
157-35. Creation of regional housing authority. If the board of county commissioners of each of two or more contiguous counties having an aggregate population of more than 60,000 by resolution declares that there is a need for one housing authority to be created for all of such counties to exercise powers and other functions herein […]
§ 157-25 – Housing bonds, legal investments and security.
157-25. Housing bonds, legal investments and security. The State and all public officers, municipal corporations, political subdivisions, and public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons […]
§ 157-26 – Tax exemptions.
157-26. Tax exemptions. An authority is a local government agency and is exempt from taxation to the same extent as a unit of local government. Property owned by an authority is exempt from taxation in accordance with Article V, 2 of the North Carolina Constitution. Bonds and other obligations issued by an authority or its […]