Low and Moderate Income Housing; Financing for Small Scale Housing Developments - Mich. Comp. Laws Section 125.1456
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125.1456 Low and moderate income housing; financing for small scale housing developments.
Sec. 56.
In special circumstances where the authority deems it appropriate in order to accomplish the purposes of this act, the authority may provide the necessary financing for small scale housing developments built primarily for low income families and individuals eligible for lower rentals or carrying charges under this chapter, and may waive the requirement that no more than 25% of the dwelling units in any particular project may be made available to low income families under this section.
History: 1966, Act 346, Eff. Mar. 10, 1967
Section: 125.1449u 125.1449v 125.1451 125.1452 125.1453 125.1454 125.1455 125.1456 125.1457 125.1458 125.1458a 125.1458b 125.1458c 125.1458d 125.1458e
Last modified: March 17, 2013
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