Text: HF02038 Text: HF02040 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 403A.9, Code 1997, is amended to read 1 2 as follows: 1 3 403A.9CO-OPERATIONCOOPERATION BETWEEN MUNICIPALITIES AND 1 4 NONPROFIT HOUSING CORPORATIONS. 1 5Any two or more municipalitiesA municipality may join or 1 6co-operatecooperate withoneanother municipality or a 1 7 nonprofit housing corporation in the exercise of any or all of 1 8 the powers conferredherebyin this chapter for the purpose of 1 9 financing, planning, undertaking, constructing, or operating a 1 10 housing project or projects. 1 11 EXPLANATION 1 12 Under the state municipal housing law, municipalities have 1 13 authority to undertake housing projects which may involve 1 14 eliminating slum areas and providing housing for low-income, 1 15 lower income, and very low-income families and to issue bonds 1 16 for these purposes. The bill allows municipalities to 1 17 cooperate with nonprofit housing corporations in accomplishing 1 18 these goals. 1 19 LSB 3120YH 77 1 20 mg/cf/24
Text: HF02038 Text: HF02040 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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