The corporation shall make the housing units held by it under AS 18.55.300 - 18.55.470 available for rental to eligible persons upon application in the form it prescribes, and at the moderate rentals that it considers proper, or for sale at the prices and subject to the terms and conditions that it considers fair and equitable. The corporation shall use the money it receives from the sale of housing or housing projects held by it under AS 18.55.300 - 18.55.470, and the revenue from rentals, after payment of obligations and deductions for proper expenses of maintenance and operation, for the construction of further housing, under the terms of AS 18.55.300 - 18.55.470.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
Article 2. Moderate Cost and Rental Housing.
Sec. 18.55.300. Declaration of purpose.
Sec. 18.55.310. Powers and duties of corporation.
Sec. 18.55.320. Sale of surplus property.
Sec. 18.55.330. Preference to veterans.
Sec. 18.55.340. Care, operation, maintenance, and rental of housing.
Sec. 18.55.350. Availability of housing units.
Sec. 18.55.380. Corporation may use powers under other laws.
Sec. 18.55.390. Limitation on corporation's power.
Sec. 18.55.400. Expenditure of money.
Sec. 18.55.410. Power to sell, transfer, or dispose of projects.
Sec. 18.55.420. Regulations; allocation of units and projects.
Sec. 18.55.440. Additional powers to acquire land or interests in land.
Sec. 18.55.450. Ability to accept land and other property.
Sec. 18.55.460. Preference for state professional and contractors' services.