§ 8-3-300. Short Title
This article shall be known and cited as the “State Housing Trust Fund for the Homeless Act.” History. Code 1981, § 8-3-300 , enacted by Ga. L. 1988, p. 717, § 1.
§ 8-3-301. Definitions
As used in this article, the term: “Commission” means the State Housing Trust Fund for the Homeless Commission created in Code Section 8-3-306. “Homeless” means persons and families who have no access to or can reasonably be expected not to have access to either traditional or permanent housing which can be considered safe, sanitary, decent, […]
§ 8-3-302. Fund Created
The State Housing Trust Fund for the Homeless is created as a separate fund in the state treasury. The fund shall be expended only as provided in this article. History. Code 1981, § 8-3-302 , enacted by Ga. L. 1988, p. 717, § 1.
§ 8-3-303. Amounts Credited to Trust Fund
The state treasurer shall credit to the trust fund all amounts appropriated or otherwise donated to such trust fund. All funds appropriated to or otherwise paid or credited to the trust fund shall be presumptively concluded to have been committed to the purpose for which they have been appropriated or paid and shall not lapse. […]
§ 8-3-304. Investments
The state treasurer shall invest trust fund money in the same manner in which state funds are invested as authorized by the State Depository Board pursuant to Article 3 of Chapter 17 of Title 50. History. Code 1981, § 8-3-304 , enacted by Ga. L. 1988, p. 717, § 1; Ga. L. 1993, p. 1402, […]
§ 8-3-305. Payments From Fund
The Office of the State Treasurer shall be authorized to draw a warrant or warrants upon the trust fund upon receipt of an order for payment of the State Housing Trust Fund for the Homeless Commission, which order for payment has been approved by the Governor. History. Code 1981, § 8-3-305 , enacted by Ga. […]
§ 8-3-306. Commission Established; Members; Officers; Support Personnel; Appropriations and Budget Through Department of Community Affairs
There is established the State Housing Trust Fund for the Homeless Commission which shall consist of nine members. Two of the nine members shall be the commissioner of community affairs, or his or her designee, and either the chairperson of the Board of Community Affairs or a member of the Board of Community Affairs designated […]
§ 8-3-307. Expense Allowance and Travel Reimbursement for Members of Commission
Members of the commission shall serve without compensation but shall receive the same expense allowance per day as that received by a member of the General Assembly for each day such member is in physical attendance at a commission meeting, plus either reimbursement for actual transportation costs while traveling by public carrier or the same […]
§ 8-3-308. Duties of Commission
The commission shall: Meet at such times and places as it shall determine necessary or convenient to perform its duties; Maintain minutes of its meetings; Adopt rules and regulations for the transaction of its business; Accept applications for disbursements of available moneys from the trust fund for residential housing projects; and Maintain or cause to […]
§ 8-3-309. Acceptance of Federal Funds; Disposition
The commission may accept federal funds granted by Congress or executive order for the purposes of residential housing projects and gifts, grants, and donations from individuals, private organizations, or foundations. All funds received in this manner shall be transmitted to the state treasurer for deposit in the trust fund to be disbursed as other moneys […]
§ 8-3-310. Authorized Disbursement
The commission may authorize the disbursement of available money from the trust fund for residential housing projects sponsored by a qualified sponsor. The commission may consult, as appropriate, with persons with varied and diverse interests in housing in order to acquaint them with the trust fund and to solicit information relating to housing needs, residential […]
§ 8-3-311. Powers of Commission to Hold Title, Foreclose, Commence Action to Protect or Enforce Rights, and Exercise Other Rights for Its Benefit or Protection
The commission shall have the power to hold title to any residential housing project financed by it, but it shall not be required to do so. The commission shall have the power to foreclose on any mortgage or security interest in default and to commence any action to protect or enforce any right conferred upon […]