125.1451 Definitions. Sec. 51. (1) The definitions in section 11 shall apply to this chapter, unless otherwise provided in this chapter. (2) As used in this chapter: (a) “Low and moderate income housing” means housing financed by bond issues authorized under this act, by federally-aided mortgages as defined in section 11(c), or by other programs […]
125.1452 Low and moderate income housing; dwelling units to certain low income persons and families. Sec. 52. The authority may provide that up to 25% of the dwelling units in any development providing low and moderate income housing under federal, state or local government programs be made available to low income families and persons whose […]
125.1453 Low income housing; criteria for determination of occupant eligibility; rental charges. Sec. 53. For purposes of carrying out the provisions of this chapter, the authority shall establish criteria and procedures for determining the eligibility of occupants and rental or carrying charges, including criteria and procedures with respect to periodic review of occupant incomes and […]
125.1454 Low and moderate income housing; agreements for services of selection of eligible families and individuals. Sec. 54. The authority may enter into agreements, or authorize housing owners or sponsors to enter into agreements, with public or private agencies for services required in the selection of families and individuals who qualify under this chapter. History: […]
125.1455 Low and moderate income housing; rights of persons or families benefited. Sec. 55. The authority shall provide that low income families or persons benefiting under this chapter shall have the same rights, privileges and duties as other residents, except that no member of a cooperative, upon the resale of his membership in the cooperative, […]
125.1456 Low and moderate income housing; financing for small scale housing developments. Sec. 56. In special circumstances where the authority deems it appropriate in order to accomplish the purposes of this act, the authority may provide the necessary financing for small scale housing developments built primarily for low income families and individuals eligible for lower […]
125.1457 Appropriation. Sec. 57. There is hereby appropriated $5,000.00 from the general fund for the fiscal year ending June 30, 1967 for the administration of this act. History: 1966, Act 346, Eff. Mar. 10, 1967
