An authority may borrow money or accept contributions from the federal government to assist in its undertaking redevelopment projects. An authority may do any and all things necessary or desirable to secure such financial aid (including obligating itself in any contract with the federal government for annual contributions to convey to the federal government the project to which the contract relates upon the occurrence of a substantial default thereunder), in the same manner as it may do to secure such aid in connection with slum clearance and housing projects under this chapter.
Structure 2021 Tennessee Code
Title 13 - Public Planning and Housing
Chapter 20 - Housing Authorities Law
§ 13-20-207. Bonds for Redevelopment Projects — Security for Public Deposits and Legal Investments
§ 13-20-208. Advisory Board — Personnel
§ 13-20-210. Urban Renewal Projects — Extent of Rehabilitation
§ 13-20-214. Development of Program by Municipality — Authorization
§ 13-20-215. Powers Are Supplemental
§ 13-20-216. Notice to Property Owner of Proposed Acquisition