There is hereby continued within the Department of Housing and Community Development, for the purpose of § 36-55.51, a political subdivision of the Commonwealth of Virginia with all of the politic and corporate powers as are set forth in this chapter, which are hereby reaffirmed, to be known as the "Virginia Housing Development Authority" to carry out the provisions of this chapter. The HDA is hereby constituted a public instrumentality exercising public and essential governmental functions, and the exercise by the HDA of the powers conferred by this chapter shall be deemed and held to be the performance of an essential governmental function of the Commonwealth.
1972, c. 830; 1977, c. 613; 1979, c. 243.
Structure Code of Virginia
Chapter 1.2 - Virginia Housing Development Authority Act
§ 36-55.25. Finding and declaration of necessity
§ 36-55.27. Virginia Housing Development Authority continued; constituted a public instrumentality
§ 36-55.27:1. Programs and regulations to implement the Consolidated Plan
§ 36-55.28. Appointment and tenure of commissioners; officers; quorum; compensation; liability
§ 36-55.29. Executive director
§ 36-55.30. Powers of HDA generally
§ 36-55.30:2. Housing revitalization areas; economically mixed projects
§ 36-55.30:3. Regulations; adoption procedures
§ 36-55.31:1. Loans for installation of certain energy-saving devices
§ 36-55.33:1. Mortgage loan terms and conditions
§ 36-55.34:1. Power to supervise housing sponsors
§ 36-55.36. Terms and conditions of mortgage insurance
§ 36-55.37. Exemption from taxation
§ 36-55.38. Admission and income limitations relative to housing developments
§ 36-55.39. Procedure prior to financing of housing developments undertaken by housing sponsors
§ 36-55.41. Reserve funds and appropriations
§ 36-55.42. Refunding obligations; issuance
§ 36-55.44. Deposit and investment of moneys of HDA
§ 36-55.44:1. Swap agreements by HDA authorized
§ 36-55.45. Agreement with Commonwealth
§ 36-55.46. Commonwealth not liable on notes and bonds
§ 36-55.47. Remedies of noteholders and bondholders
§ 36-55.48. Grants from Commonwealth
§ 36-55.49. Notes and bonds as legal investments
§ 36-55.50. Liberal construction
§ 36-55.52. Inconsistent provisions in other laws superseded