§ 157-12 – Acquisition of land for government.
157-12. Acquisition of land for government. The authority may acquire by purchase or by the exercise of its power of eminent domain, as aforesaid, any property real or personal for any housing project being constructed or operated by a government. The authority upon such terms and conditions, with or without consideration, as it shall determine, […]
§ 157-13 – Zoning and building laws.
157-13. Zoning and building laws. All housing projects of an authority shall be subject to the planning, zoning, sanitary and building laws, ordinances and regulations applicable to the locality in which the housing project is situated. (1935, c. 456, s. 13.)
§ 157-14 – Types of bonds authority may issue.
157-14. Types of bonds authority may issue. An authority shall have power to issue bonds from time to time in its discretion for any of its corporate purposes. An authority shall also have power to issue or exchange refunding bonds for the purpose of paying, retiring, extending or renewing bonds previously issued by it. An […]
§ 157-15 – Form and sale of bonds.
157-15. Form and sale of bonds. The bonds of the authority shall be authorized by its resolution and shall be issued in one or more series and shall bear such date or dates, mature at such time or times, not exceeding 60 years from their respective dates, bear interest at such rate or rates, be […]
§ 157-9.1 – Moderate income.
157-9.1. Moderate income. (a) Whenever the words "low income" appear in this Chapter, they shall be construed to mean "low and moderate income." (b) This section applies only to the housing authority of the largest city in a county which has two or more cities with a population of 60,000 or over, according to the […]
§ 157-9.2 – Additional powers.
157-9.2. Additional powers. (a) The findings and purposes set forth in the first three paragraphs of G.S. 122A-2 and in G.S. 122A-5.4(a) are hereby restated and incorporated herein by reference, except that for purposes of incorporating such findings and purposes herein, the phrases "North Carolina Housing Finance Agency" and "Agency" shall read "authority" and the […]
§ 157-9.3 – Mixed income projects owned or operated by authorities.
157-9.3. Mixed income projects owned or operated by authorities. If an authority is the owner or operator of a housing project that includes units for persons of other than low or moderate income, the operating expenses of that project (or of all such projects, together, owned or operated by the authority) shall be met entirely […]
§ 157-9.4 – Multi-family rental housing projects.
157-9.4. Multi-family rental housing projects. (a) If an authority owns, operates, or provides financial assistance to a multi-family rental housing project, at least twenty percent (20%) of the units in the project shall be set aside for the exclusive use of persons of low income. An authority may group projects being developed concurrently in order […]
§ 157-3 – Definitions.
157-3. Definitions. The following terms, wherever used or referred to in this Article shall have the following respective meanings, unless a different meaning clearly appears from the context: (1) "Authority" or "housing authority" shall mean a public body and a body corporate and politic organized in accordance with the provisions of this Article for the […]
§ 157-4 – Notice, hearing and creation of authority; cancellation of certificate of incorporation.
157-4. Notice, hearing and creation of authority; cancellation of certificate of incorporation. Any 25 residents of a city and of the area within 10 miles from the territorial boundaries thereof may file a petition with the city clerk setting forth that there is a need for an authority to function in the city and said […]