Powers of authority.

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The authority:

(1) May participate in any state or federal programs of low and moderate income housing assistance and community development; and

(2) For this purpose may:

(i) Enter into and perform a contract or agreement with the state, the United States, or a federal agency;

(ii) Develop or operate a housing project if approval by ordinance or resolution is obtained from the governing body and chief elected official of the local jurisdiction where the housing project is located;

(iii) Act as a public housing agency within the meaning of the federal law and as an authority within the meaning of state law; and

(iv) Do anything necessary or convenient for its participation.

History of Section.
P.L. 1993, ch. 412, § 2.


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