30-A §5023. Powers
Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Subpart 8: DEVELOPMENT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Chapter 202: AFFORDABLE HOUSING PARTNERSHIP HEADING: PL 1989, C. 601, PT. B, §4 (NEW)
Subchapter 3: NONPROFIT HOUSING CORPORATIONS AND AFFORDABLE HOUSING HEADING: PL 1989, C. 601, PT. B, §4 (NEW)
§5023. Powers
In developing and implementing this program, the state authority may: [1989, c. 601, Pt. B, §4 (NEW).]
1. Propose projects for funding. Propose to nonprofit housing corporations projects for funding which the authority has determined effectively address the affordable housing problems in the area served by the corporation;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
2. Provide planning assistance. Assist nonprofit housing corporations in planning projects and developing proposals to meet the affordable housing needs of the areas served by these corporations. In assisting these corporations, the authority shall:
A. Seek to leverage funds from various sources in the public and private sectors, including in-kind assistance which may be matched with funds provided by the authority to these corporations; and [1989, c. 601, Pt. B, §4 (NEW).]
B. Seek to coordinate assistance provided by the authority with assistance that may be available from other public and private sector agencies and organizations; [1989, c. 601, Pt. B, §4 (NEW).]
[ 1989, c. 601, Pt. B, §4 (NEW) .]
3. Prepare training and education programs. Prepare training and education programs, including workshops, for nonprofit community development corporations with respect to affordable housing;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
4. Use applicable funds. Use any applicable funds available to the authority to finance programs;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
5. Provide for funding of nonprofit corporations. Provide for the funding of nonprofit housing corporations to develop rental and purchased housing for the homeless and for lower and moderate-income households.
Funds provided to nonprofit housing corporations may be used for, but are not limited to:
A. Administrative and development costs, including consultants' fees, overhead and other similar costs associated with the development, construction, acquisition, or ownership of affordable housing under section 4852, subsection 2; [1989, c. 601, Pt. B, §4 (NEW).]
B. Purchase of land and buildings; [1989, c. 601, Pt. B, §4 (NEW).]
C. Construction, reconstruction, rehabilitation or renovation of facilities; [1989, c. 601, Pt. B, §4 (NEW).]
D. Purchase of equipment and supplies; [1989, c. 601, Pt. B, §4 (NEW).]
E. Rental subsidies; [1989, c. 601, Pt. B, §4 (NEW).]
F. The development, operation and maintenance of shelters for the homeless; [1989, c. 601, Pt. B, §4 (NEW).]
G. The development, operation and maintenance of transitional housing for the homeless and for persons with special needs; [1989, c. 601, Pt. B, §4 (NEW).]
H. Payment of service fees of professionals such as attorneys, geologists, architects, engineers and others for agreements and professional services necessary to develop affordable housing; and [1989, c. 601, Pt. B, §4 (NEW).]
I. Other uses considered necessary to carry out the purposes of this chapter; [1989, c. 601, Pt. B, §4 (NEW).]
[ 1989, c. 601, Pt. B, §4 (NEW) .]
6. Approve and disapprove funding requests. Approve or disapprove any application or request for funding under this subchapter;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
7. Amend or alter proposals. Amend or alter a proposal for funding under this subchapter to make the project consistent with this chapter;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
8. Investigate projects. Investigate projects, including books and records, to determine whether the nonprofit corporation or the project is complying with this chapter;
[ 1989, c. 601, Pt. B, §4 (NEW) .]
9. Seek legal remedies. Seek all legal remedies available to enforce a contract with a nonprofit housing corporation; and
[ 1989, c. 601, Pt. B, §4 (NEW) .]
10. Consult with council. Consult with the council with respect to the implementation of this subchapter and the projects to be funded under this subchapter.
[ 2005, c. 380, Pt. B, §6 (AMD) .]
SECTION HISTORY
1989, c. 601, §B4 (NEW). 1991, c. 610, §16 (AMD). 2005, c. 380, §B6 (AMD).