Michigan state housing development authority definition

Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.

Michigan state housing development authority means the Michigan state housing development authority created under section 21 of the state housing development authority act of 1966, 1966 PA 346, MCL 125.1421.

Michigan state housing development authority means the authority created under the state housing development authority act of 1966, 1966 PA 346, MCL 125.1401 to 125.1499c.

Examples of Michigan state housing development authority in a sentence

• June 18, 1992.Compiler's note: For transfer of powers and duties of department of history, arts, and libraries or the Michigan historical center relating to the identification, certification, and preservation of historical sites to the Michigan state housing development authority, seeE.R.O. No. 2009-26, compiled at MCL 399.752.

• The Michigan state housing development authority shall determine the terms and conditions of the loan agreement.

• The Michigan state housing development authority may provide loans to qualified buyers who are required to pay the pro rata portion of the bonded debt on the single-family public housing.

• The Michigan state housing development authority may provide mortgage loans to qualified buyers who are required to pay for their unit in the multifamily public housing.

• If a waiver of federal law, rule, or policy is needed to implement this act, the housing commission and the Michigan state housing development authority may work together to obtain the appropriate waivers from the appropriate federal authorities.History: 1999, Act 128, Imd.

• Loans made by the Michigan state housing development authority may be prepaid or paid off at any time without penalty.History: 1999, Act 128, Imd.

• The resident organization shall hold legal ownership of the housing project in the form of a cooperative housing corporation or a condominium association.(2) The Michigan state housing development authority may make mortgage loans to resident organizations that qualify under this act to acquire multifamily public housing of up to 95% of the bonded indebtedness of the housing project.

• Loans made by the Michigan state housing development authority may be prepaid or paid off at any time without penalty.History: 1999, Act 84, Imd.

• Funds of the Michigan state housing development authority constituting proceeds of the sale of the authority's notes and bonds and repayments of those notes and bonds, under the state housing development authority act of 1966, 1966 PA 346, MCL 125.1401 to 125.1499c.

• June 18,1992.Compiler's note: For transfer of powers and duties of department of history, arts, and libraries or the Michigan historical center relating to the identification, certification, and preservation of historical sites to the Michigan state housing development authority, seeE.R.O. No. 2009-26, compiled at MCL 399.752.

More Definitions of Michigan state housing development authority

Michigan state housing development authority or "authority" means the public body corporate and

Michigan state housing development authority or “Authority” means the public body corporate and politic created under Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, as amended, MCL 125.1401 to MCL 125.1499, as amended under Executive Reorganization Order 2019-3, MCL 125.1998.

Michigan state housing development authority means the Michigan state housing development

Michigan state housing development authority or “Authority” means the public body corporate and politic created under Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, as amended, MCL 125.1401 to

Michigan state housing development authority means the public body corporate and politic created under Sec- tion 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 124.1421.