An authority is empowered to borrow money or accept grants or other financial assistance from the federal government for, or in aid of, any housing project within its area of operation; to take over or lease or manage any housing project or undertaking constructed or owned by the federal government; and, to these ends, to comply with such conditions and enter into such mortgages, trust indentures, leases, or agreements as may be necessary, convenient, or desirable. It is the purpose and intent of this article to authorize every authority to do any and all things necessary or desirable to secure the financial aid or cooperation of the federal government in the undertaking, construction, maintenance, or operation of any housing project by such authority.
(Ga. L. 1937, p. 210, § 20; Ga. L. 1939, p. 126, § 2; Ga. L. 1951, p. 127, § 2; Ga. L. 1959, p. 141, § 2; Ga. L. 1962, p. 734, § 2.)
OPINIONS OF THE ATTORNEY GENERAL
Geographic jurisdiction of a city housing authority established under the Housing Authority Law is governed primarily by the definition of "area of operation" in O.C.G.A. § 8-3-3(1). 1997 Op. Att'y Gen. No. U97-22.
RESEARCH REFERENCES
Am. Jur. 2d.
- 40A Am. Jur. 2d, Housing Laws and Urban Redevelopment, §§ 6, 7.
ALR.
- Home Owners' Loan Act, 121 A.L.R. 117; 125 A.L.R. 809.