Print Friendly HOUSE BILL NO. 775 – Cnty housing authorty/continue/when
HOUSE BILL NO. 775
View Daily Data Tracking History
View Bill Text
View Statement of Purpose / Fiscal Impact
Text to be added within a bill has been marked with Bold and
Underline. Text to be removed has been marked with
Strikethrough and Italic. How these codes are actually displayed will
vary based on the browser software you are using.
This sentence is marked with bold and underline to show added text.
This sentence is marked with strikethrough and italic, indicating
text to be removed.
H0775......................................................by STATE AFFAIRS
COUNTY HOUSING AUTHORITIES - Amends existing law to allow a county housing
authority to continue to own and operate housing projects in a city after
the city creates a housing authority or a city which has a housing
authority annexes the area where the projects are located if the county
authority has become financially obligated with respect to such projects;
to provide additional powers of county housing authorities; to authorize
the county to lend money to a county housing authority and to provide for
reimbursement to the county; to provide that bonds may be repaid from all
or part of the housing authority's revenues or assets generally and to
authorize the housing authority to pledge any income or revenues or a
mortgage of any housing project or other property of the authority; and to
provide for a mortgage of the authority's real or personal property to
secure the payment of bonds or other obligations.
03/23 House intro - 1st rdg - to printing
03/24 Rpt prt - to St Aff
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature Second Regular Session - 2000
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 775
BY STATE AFFAIRS COMMITTEE
1 AN ACT
2 RELATING TO COUNTY HOUSING AUTHORITIES; AMENDING SECTION 31-4203, IDAHO CODE,
3 TO REVISE DEFINITIONS, TO PROVIDE THAT A COUNTY HOUSING AUTHORITY MAY CON-
4 TINUE TO OWN AND OPERATE HOUSING PROJECTS FOR WHICH IT HAS BECOME FINAN-
5 CIALLY OBLIGATED WITHIN A CITY THAT CREATES A HOUSING AUTHORITY OR WITHIN
6 AN AREA ANNEXED BY A CITY THAT HAS CREATED OR SUBSEQUENTLY CREATES A HOUS-
7 ING AUTHORITY AND TO MAKE TECHNICAL CORRECTIONS; AMENDING SECTION 31-4204,
8 IDAHO CODE, TO PROVIDE ADDITIONAL POWERS OF COUNTY HOUSING AUTHORITIES;
9 AMENDING SECTION 31-4209, IDAHO CODE, TO AUTHORIZE THE COUNTY TO LEND
10 MONEY TO A COUNTY HOUSING AUTHORITY AND TO PROVIDE FOR REIMBURSEMENT TO
11 THE COUNTY; AMENDING SECTION 31-4216, IDAHO CODE, TO PROVIDE THAT BONDS
12 MAY BE REPAID FROM ALL OR PART OF THE HOUSING AUTHORITY'S REVENUES OR
13 ASSETS GENERALLY AND TO AUTHORIZE THE HOUSING AUTHORITY TO PLEDGE ANY
14 INCOME OR REVENUES OR A MORTGAGE OF ANY HOUSING PROJECT OR OTHER PROPERTY
15 OF THE AUTHORITY AND TO MAKE TECHNICAL CORRECTIONS; AMENDING SECTION
16 31-4218, IDAHO CODE, TO PROVIDE FOR A MORTGAGE OF THE AUTHORITY'S REAL OR
17 PERSONAL PROPERTY TO SECURE THE PAYMENT OF BONDS OR OTHER OBLIGATIONS;
18 AMENDING SECTION 31-4224, IDAHO CODE, TO DELETE LIMITATIONS ON THE POWER
19 OF AN AUTHORITY TO MORTGAGE ITS PROPERTY; AMENDING SECTION 50-1903, IDAHO
20 CODE, TO PROVIDE THAT A COUNTY HOUSING AUTHORITY MAY CONTINUE TO OWN AND
21 OPERATE HOUSING PROJECTS FOR WHICH IT HAS BECOME FINANCIALLY OBLIGATED
22 WITHIN A CITY OR AREA ANNEXED BY A CITY AFTER THE CITY CREATES A HOUSING
23 AUTHORITY OR THE AREA IS ANNEXED BY A CITY WHICH HAS A HOUSING AUTHORITY
24 AND TO MAKE TECHNICAL CORRECTIONS; AND DECLARING AN EMERGENCY.
25 Be It Enacted by the Legislature of the State of Idaho:
26 SECTION 1. That Section 31-4203, Idaho Code, be, and the same is hereby
27 amended to read as follows:
28 31-4203. DEFINITIONS. The following terms, wherever used or referred to
29 in this chapter, shall have the following respective meanings, unless a dif-
30 ferent meaning clearly appears from the context:
31 (a) "Authority" or "Housing Authority" shall mean any of the public cor-
32 porations created by section 31-4205, Idaho Code.
33 (b) "Housing project" shall mean any work or undertaking:
34 (1) tTo demolish, clear or remove buildings from any slum area; such work
35 or undertaking may embrace the adoption of such area to public purposes,
36 including parks or other recreational or community pruposes purposes; or
37 (2) tTo provide decent, safe and sanitary urban or rural dwellings,
38 apartments or other living accommodations for persons of low income; such
39 work or undertaking may include buildings, land, equipment, facilities and
40 other real or personal property for necessary, convenient or desirable
41 appurtenances, roads, sewers, water service, parks, site preparation, gar-
42 dening, administrative, community, health, recreational, welfare or other
43 purposes; or
1 (3) tTo accomplish a combination of the foregoing.
2 The term " Hhousing project" also may be applied to the planning of the
3 buildings and improvements, the acquisition of property, the demolition of
4 existing structures, the construction, reconstruction, alteration and repair
5 of the improvements and all other work in connection therewith; to buildings,
6 and the land, equipment, facilities and other real or personal property, which
7 do not contain dwelling units or other living accommodations for persons of
8 low-income when such buildings are utilized for administrative, community,
9 health, recreational, welfare or other purposes by or for low-income persons
10 or senior citizens, and redevelopment projects carried out by an authority at
11 the request of local government when such projects include dwelling units
12 which are sold or rented to persons of low income.
13 (c) "Governing body" shall mean the council, board of commissioners,
14 board of trustees or other body having charge of the fiscal affairs of the
15 state public body.
16 (d) "Federal government" shall include the United States of America, the
17 United States department of housing authority and urban development, or any
18 other agency of or instrumentality, corporate or otherwise, of the United
19 States of America.
20 (e) "County" or "counties" shall include all counties in the state of
21 Idaho as designated in chapter 1, title 31, Idaho Code.
22 (f) "Clerk" shall mean the county clerk or the officer charged with the
23 duties customarily imposed on such clerk.
24 (g) "Area of operation" shall mean the entire county except within the
25 corporate limits of cities in the county which have presently, or hereafter
26 create, a housing authority under title 50, chapter 19, Idaho Code; provided
27 however, that a county housing authority may continue to own and operate any
28 housing project for which it has become financially obligated which is located
29 in a city that subsequently creates a housing authority or is located in an
30 area annexed by a city that has created or subsequently creates a housing
32 (h) "Slum" shall mean any area where dwellings predominate which, by rea-
33 son of dilapidation, overcrowding, lack of ventilation, light or sanitary
34 facilities or any combination of these factors, are detrimental to safety,
35 health or morals.
36 (i) "Person of low income" shall mean persons or families who lack the
37 amount of income which is necessary (as determined by the authority undertak-
38 ing the housing project) to enable them, without financial assistance, to live
39 in decent, safe and sanitary dwellings without overcrowding.
40 (j) "Bonds" shall mean any bonds, notes, interim certificates, debentures
41 or other obligations issued by an authority pursuant to this chapter.
42 (k) "Real property" shall include all lands, including improvements and
43 fixtures thereon, and property of any nature, appurtenant thereto, or used in
44 connection therewith, and every estate, interest and right, legal or equita-
45 ble, therein, including terms for years and liens by way of judgment, mortgage
46 or otherwise and the indebtedness secured by such liens.
47 (l) "Obligee of the authority" or "obligee" shall include any bondholder,
48 trustee or trustees for any bondholders, or lessors demising, to the author-
49 ity, property used in connection with a housing project, or any assignee or
50 assignees of such lessor's interest or any part thereof, and the federal gov-
51 ernment when it is a party to any contract with the authority.
52 SECTION 2. That Section 31-4204, Idaho Code, be, and the same is hereby
53 amended to read as follows:
1 31-4204. POWERS OF AUTHORITY. A housing authority shall constitute an
2 independent public body corporate and politic, exercising public and essential
3 governmental functions, and having all the powers necessary or convenient to
4 carry out and effectuate the purposes and provisions of this act, including
5 the following powers in addition to others herein granted:
6 (a) To sue and to be sued; to have a seal and to alter the same at pleas-
7 ure; to have perpetual succession; to make and execute contracts and other
8 instruments necessary or convenient to the exercise of the powers of the
9 authority, including the power to contract with other housing authorities for
10 services; and to make and from time to time amend and repeal bylaws, rules and
11 regulations, not inconsistent with this act, to carry into effect the powers
12 and purposes of the authority.
13 (b) Within the area of operation: to prepare, carry out, acquire, lease
14 and operate housing projects; to provide for the construction, reconstruction,
15 improvement, alteration or repair of any housing project or any part thereof.
16 (c) To arrange or contract for the furnishing by any person or agency,
17 public or private, of services, privileges, works or facilities for, or in
18 connection with, a housing project or the occupants thereof; and, notwith-
19 standing anything to the contrary contained in this act or in any other provi-
20 sion of law, to include in any contract let in connection with a project,
21 stipulations requiring that the contractor and any subcontractors comply with
22 requirements as to minimum wages and maximum hours of labor, and comply with
23 any conditions which the federal government may have attached to its financial
24 aid of the project.
25 (d) To lease or rent any dwellings, houses, accommodations, lands, build-
26 ings, structures or facilities embraced in any housing project and, subject to
27 the limitations contained in this act, to establish and revise the rents or
28 charges therefor; to own, hold and improve real or personal property; to pur-
29 chase, lease, obtain options upon, acquire by gift, grant, bequest, devise or
30 otherwise, any real or personal property or any interest therein; to acquire,
31 by the exercise of the power of eminent domain, any real property; to sell,
32 lease, exchange, transfer, assign, pledge or dispose of any real or personal
33 property or any interest therein; to insure or provide for the insurance of
34 any real or personal property or operation of the authority against any risks
35 or hazards; to procure or agree to the procurement of insurance or guarantees
36 from the federal government of the payment of any bonds or parts thereof
37 issued by an authority, including the power to pay premiums on any such insur-
38 ance; to rent or sell and to agree to rent or sell dwellings forming part of
39 the housing projects to or for persons of low income. Where an agreement or
40 option is made to sell a dwelling to a person of low income, the authority may
41 convey the dwelling to the person upon fulfillment of the agreement irrespec-
42 tive of whether the person is at the time of the conveyance a person of low
43 income. Leases, options, agreements or conveyances may include such covenants
44 as the authority deems appropriate to assure the achievement of the objectives
45 of this chapter.
46 (e) To invest any funds held in reserves or sinking funds, or any funds
47 not required for immediate disbursement, in property or securities in which
48 banks may legally invest funds, subject to the control of the housing author-
49 ity; to purchase its own bonds at a price not more than the principal amount
50 thereof and accrued interest, and all bonds so purchased shall be cancelled.
51 (f) Within its area of operation: to investigate into living, dwelling
52 and housing conditions and into the means and methods of improving such condi-
53 tions; to determine where slum areas exist or where there is a shortage of
54 adequate, safe and sanitary dwelling accommodations for persons of low income;
55 to make studies and recommendations relating to the problem of clearing,
1 replanning and reconstruction of slum areas and the problem of providing
2 dwelling accommodations for persons of low income, and to cooperate with the
3 city, the county, the state or any political subdivision thereof in action
4 taken in connection with such problems; and to engage in research, studies
5 and experimentation on the subject of housing.
6 (g) Acting through one (1) or more commissioners or other person or per-
7 sons designated by the authority, to conduct examinations and investigations
8 and to hear testimony and take proof, under oath, at public or private hear-
9 ings on any matter material for its information; to administer oaths, issue
10 subpoenas requiring attendance of witnesses or the production of books and
11 papers, and to issue commissions for the examination of witnesses who are out-
12 side of the state or unable to attend before the authority, or excused from
13 attendance; to make available, to appropriate agencies (including those
14 charged with the duty of abating or requiring the correction of nuisances or
15 like conditions, or of demolishing unsafe or insanitary structures within its
16 area of operation), its findings and recommendations with regard to any build-
17 ing or property where conditions exist which are dangerous to the public
18 health, morals, safety or welfare.
19 (h) To make, purchase, participate in, invest in, take assignments of, or
20 otherwise acquire loans to persons of low income to enable them to acquire,
21 construct, reconstruct, rehabilitate, improve, lease or refinance their dwell-
22 ings, and to take such security therefor as is deemed necessary and prudent by
23 the authority.
24 (i) To make, purchase, participate in, invest in, take assignments of, or
25 otherwise acquire loans for the acquisition, construction, reconstruction,
26 rehabilitation, improvement, leasing or refinancing of land, buildings or
27 developments for housing for persons of low income. For purposes of this sub-
28 section, development shall include either land or buildings or both.
29 (j) Any housing project shall be subject to the requirement that the
30 dwelling units made available to persons of low income, together with func-
31 tionally related and subordinate facilities, shall occupy at least thirty per-
32 cent (30%) of the interior space of any individual building other than a
33 detached single-family or duplex residential building or mobile or manufac-
34 tured home and shall occupy at least fifty percent (50%) of the total number
35 of units in the development or at least fifty percent (50%) of the total num-
36 ber of units in the development, whichever produces the greater number of
37 units for persons of low income. For mobile home parks, the mobile home lots
38 made available to persons of low income shall be at least fifty percent (50%)
39 of the total number of mobile home lots in the park.
40 (k) To exercise all or any part or combination of powers herein granted.
41 SECTION 3. That Section 31-4209, Idaho Code, be, and the same is hereby
42 amended to read as follows:
43 31-4209. DONATIONS BY COUNTY. Any county, in which a housing authority
44 has been created, shall have the power, from time to time, to lend or donate
45 money to such authority or to agree to take such action; provided, however,
46 that nothing contained in this provision or in any other provision of law
47 shall be construed as authorizing the state or any state public body to give
48 credit or make loans to a housing authority when a housing authority has the
49 money available therefor it shall make reimbursement for all such loans made
50 to it.
51 SECTION 4. That Section 31-4216, Idaho Code, be, and the same is hereby
52 amended to read as follows:
1 31-4216. BOND ISSUES. An authority shall have power to issue bonds, from
2 time to time, in its discretion, for any of its corporate purposes. An author-
3 ity shall also have power to issue refunding bonds for the purpose of paying
4 or retiring bonds previously issued by it. In order to carry out the purposes
5 of this act chapter, an authority may issue, upon proper resolution, bonds on
6 which the principal and interest are payable:
7 (a) eExclusively from the income and revenue of a housing project
8 financed with the proceeds of such bonds ,; or
9 (b) eExclusively from such income and revenues together with grants and
10 contributions from the federal government or other source in aid of such proj-
11 ect; or
12 (c) From all or part of its revenues or assets generally.
13 Any such bonds may be additionally secured by a pledge of any income or reve-
14 nues of the authority, or a mortgage of any housing project, projects or other
15 property of the authority. Any pledge made by the authority shall be valid
16 and binding from the time when the pledge is made and recorded; the revenues,
17 moneys or property so pledged and thereafter received by the authority shall
18 immediately be subject to the lien of the pledge without any physical delivery
19 thereof or further act, and the lien of any such pledge shall be valid and
20 binding as against all parties having claims of any kind in tort, contract or
21 otherwise against the authority, irrespective of whether the parties have
22 notice thereof.
23 Neither the commissioners of any authority nor any person executing the
24 bonds shall be liable personally on the bonds by reason of the issuance
25 thereof. The bonds and other obligations of an authority shall state on their
26 face that they shall not be a debt of the county, the state or any political
27 subdivision thereof and neither the county, the state nor any political subdi-
28 vision thereof shall be liable thereon, nor in any event shall such bonds or
29 obligations be payable out of any funds other than those of said authority.
30 Bonds of an authority are declared to be issued for an essential public and
31 governmental purpose and to be public instrumentalities and, together with
32 interest thereon and income therefrom, shall be exempt from taxes.
33 SECTION 5. That Section 31-4218, Idaho Code, be, and the same is hereby
34 amended to read as follows:
35 31-4218. POWERS TO SECURE PAYMENT OF BONDS. In connection with the issu-
36 ance of bonds or the incurring of obligations under leases and in order to
37 secure the payment of such bonds or obligations, an authority, in addition to
38 its other powers, shall have power:
39 (a) To pledge all or any part of its gross or net rents, fees or revenues
40 to which its right then exists or may thereafter come into existence.
41 (b) To mortgage all or any part of its real or personal property then
42 owned or thereafter acquired.
43 (c) To covenant against pledging all or any part of its rents, fees and
44 revenues, or against permitting or suffering any lien on such revenues or
45 property; to covenant with respect to limitations on its right to sell, lease
46 or otherwise dispose of any housing project or any part thereof; and to cove-
47 nant as to what other, or additional debts or obligations may be incurred by
49 (c) To covenant as to the bonds to be issued and as to the issuance of
50 such bonds in escrow or otherwise, and as to the use and disposition of the
51 proceeds thereof; to provide for the replacement of lost, destroyed or muti-
52 lated bonds; to covenant against extending the time for the payment of its
53 bonds or interest thereon; and to redeem the bonds, and to covenant for the
1 redemption and to provide the terms and conditions thereof.
2 (d) To covenant, subject to the limitations contained in this act, as to
3 the rents and fees to be charged in the operation of a housing project or
4 projects, the amount to be raised each year or other period of time by rents,
5 fees and other revenues, and as to the use and disposition to be made thereof;
6 to create or to authorize the creation of special funds for moneys held for
7 construction or operating costs, debt service, reserves or other purposes, and
8 to covenant as to the use and disposition of the moneys held in such funds.
9 (e) To prescribe the procedure, if any, by which the terms of any con-
10 tract with bondholders may be amended or abrogated, the amount of bonds the
11 holders of which must consent thereto and the manner in which such consent may
12 be given.
13 (f) To covenant as to the use of any or all of its real or personal prop-
14 erty; and to covenant as to the maintenance of its real and personal property,
15 the replacement thereof, the insurance to be carried thereon and the use and
16 disposition of insurance moneys.
17 (g) To covenant as to the rights, liabilities, powers and duties arising
18 upon the breach by it of any covenant, condition or obligation; and to cove-
19 nant and prescribe as to default and terms and conditions upon which any or
20 all of its bonds or obligations shall become or may be declared due before
21 maturity, and to the terms and conditions upon which such declaration and its
22 consequences may be waived.
23 (h) To vest, in trustee or trustees or the holders of bonds or any pro-
24 portion of them, the right to enforce the payment of the bonds or any cove-
25 nants securing or relating to the bonds; to vest in a trustee or trustees the
26 right, in the event of a default by said authority, to take possession of any
27 housing project or part thereof, and, so long as said authority shall continue
28 in default, to retain such possession and use, operate and manage said proj-
29 ect, and to collect the rents and revenues arising therefrom and to dispose of
30 such moneys in accordance with the agreement of the authority with said
31 trustee, to provide for the powers and duties of a trustee or trustees and to
32 limit the liabilities thereof; and to provide the terms and conditions upon
33 which the trustee or trustees or the holders of bonds or any proportion of
34 them may enforce any covenant or rights securing or relating to the bonds.
35 (i) To exercise all or any part or combination of the powers herein
36 granted; to make covenants other than and in addition to the covenants herein
37 expressly authorized, of like or different character; to make such covenants
38 as will tend to make the bonds more marketable, notwithstanding that such cov-
39 enants, acts or things may not be enumerated herein.
40 SECTION 6. That Section 31-4224, Idaho Code, be, and the same is hereby
41 amended to read as follows:
42 31-4224. LIMITATIONS ON POWER OF AUTHORITY. Nothing in this act or any
43 other law shall be construed as authorizing a housing authority to levy or
44 collect taxes or assessments, to create any indebtedness payable out of taxes
45 or assessments, or in any manner to pledge the credit of the county, the state
46 or any subdivision thereof ; nor shall any provision of this act or other law
47 be construed as authorizing a housing authority to mortgage or otherwise
48 encumber property of any kind, real, personal, or mixed, or any interest
49 therein, but this section shall not be construed as preventing the pledge of
50 the revenues of a housing authority as authorized in this act.
51 SECTION 7. That Section 50-1903, Idaho Code, be, and the same is hereby
52 amended to read as follows:
1 50-1903. DEFINITIONS. The following terms, wherever used or referred to
2 in this chapter, shall have the following respective meanings, unless a dif-
3 ferent meaning clearly appears from the context:
4 (a) "Authority" or "housing authority" shall mean any of the public cor-
5 porations created by section 59-1905 50-1905, Idaho Code.
6 (b) "Housing project" shall mean any work or undertaking: (1) to demol-
7 ish, clear or remove buildings from any slum area; such work or undertaking
8 may embrace the adoption of such area to public purposes, including parks or
9 other recreational or community purposes; or (2) to provide decent, safe and
10 sanitary urban or rural dwellings, apartments or other living accommodations
11 for persons of low income; such work or undertaking may include buildings,
12 land, equipment, facilities and other real or personal property for necessary,
13 convenient or desirable appurtenances, streets, sewers, water service, parks,
14 site preparation, gardening, administrative, community, health, recreational,
15 welfare or other purposes; or (3) to accomplish a combination of the forego-
16 ing. The term " Hhousing project" also may be applied to the planning of the
17 buildings and improvements, the acquisition of property, the demolition of
18 existing structures, the construction, reconstruction, alteration and repair
19 of the improvements and all other work in connection therewith; to buildings,
20 and the land, equipment, facilities and other real or personal property, which
21 do not contain dwelling units or other living accommodations for persons of
22 low income when such buildings are utilized for administrative, community,
23 health, recreational, welfare or other purposes by or for low income persons
24 or senior citizens, and redevelopment projects carried out by an authority at
25 the request of local government when such projects include dwelling units
26 which are sold or rented to persons of low income.
27 (c) "Governing body" shall mean the city council, board of commissioners,
28 board of trustees or other body having charge of the fiscal affairs of the
29 state public body.
30 (d) "Federal government" shall include the United States of America, the
31 United States department of housing and urban development, or any other agency
32 or instrumentality, corporate or otherwise, of the United States of America.
33 (e) "City" shall mean any city in the state of Idaho, including each city
34 having a special charter. "The city" shall include those having a special
35 charter and shall mean the particular city for which a particular housing
36 authority is created.
37 (f) "Clerk" shall mean the clerk of the city or the officer charged with
38 the duties customarily imposed on such clerk.
39 (g) "Area of operation" shall include the city and the area within five
40 (5) miles of the territorial boundaries thereof; provided, however, that the
41 area of operation of a housing authority of any city shall not include any
42 area which lies within the territorial boundaries of some other city as herein
43 defined. Provided however, that a county housing authority may continue to own
44 and operate any housing project for which it has become financially obligated
45 which is located in a city that subsequently creates a housing authority or in
46 an area annexed by a city that has or subsequently creates a housing author-
48 (h) "Slum" shall mean any area where dwellings predominate which, by rea-
49 son of dilapidation, overcrowding, lack of ventilation, light or sanitary
50 facilities or any combination of these factors, are detrimental to safety,
51 health or morals.
52 (i) "Person of low income" shall mean persons or families who lack the
53 amount of income which is necessary (as determined by the authority undertak-
54 ing the housing project) to enable them, without financial assistance, to live
55 in decent, safe and sanitary dwellings without overcrowding.
1 (j) "Bonds" shall mean any bonds, notes, interim certificates, debentures
2 or other obligations issued by an authority pursuant to this chapter.
3 (k) "Real property" shall include all lands, including improvements and
4 fixtures thereon, and property of any nature, appurtenant thereto, or used in
5 connection therewith, and every estate, interest and right, legal or equita-
6 ble, therein, including terms for years and liens by way of judgment, mortgage
7 or otherwise and the indebtedness secured by such liens.
8 (l) "Obligee of the authority" or " Oobligee" shall include any bond-
9 holder, trustee or trustees for any bondholders, or lessors demising, to the
10 authority, property used in connection with a housing project, or any assignee
11 or assignees of such lessor's interest or any part thereof, and the federal
12 government when it is a party to any contract with the authority.
13 SECTION 8. An emergency existing therefor, which emergency is hereby
14 declared to exist, this act shall be in full force and effect on and after its
15 passage and approval.
STATEMENT OF PURPOSE
Amends existing law to clarify that county housing authorities may continue to
own and operate housing projects within a city after a city either annexes
unincorporated county area containing the project or creates a city housing
authority covering an area in which a county housing authority has a project;
makes technical corrections to county housing authority laws; brings county
housing authority statutes into conformity with city housing authority statutes;
and adds development authority to county housing authorities which was granted
city housing authorities in 1993 by providing that bonds issued for statutory
purposes may be repaid from all or part of the housing authority's revenue, by
authorizing a county housing authority to mortgage a housing project or other
property of the authority, and finally by authorizing the pledge of income,
revenues, or mortgages of a county housing authority to repay bonds; and amends
county housing laws to require certain minimum percentages of a project be
available to persons of low income.
There is no fiscal impact to any state or local government entity.
Name: Rep Ruby Stone
STATEMENT OF PURPOSE/FISCAL NOTE H 775