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This entry was published on 2014-09-22
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SECTION 154
Control of rentals on authority projects
Public Housing (PBG) CHAPTER 44-A, ARTICLE 8
§ 154. Control of rentals on authority projects. Subject to the terms
of any loan or subsidy contract with a government, the power to fix
rents on a project shall rest exclusively with the authority. But
nothing in this chapter shall prevent an authority or municipality from
establishing, in addition to all other operation and depreciation
reserve funds, a reserve fund, or funds which may be applied in aid of
the construction, operation or maintenance of other projects of such
authority or municipality.