Public housing revolving fund.

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§356D-28 Public housing revolving fund. (a) There is established the public housing revolving fund to be administered by the authority. Notwithstanding section 36-21, the proceeds in the fund shall be used for long-term and other special financings of the authority and for necessary expenses in administering this chapter.

(b) All moneys received and collected by the authority, not otherwise pledged, obligated, or required by law to be placed in any other special fund, shall be deposited into the public housing revolving fund. [L 2006, c 180, pt of §2; am L 2016, c 42, §11]


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