67-6223. BORROWING POWER — FINANCIAL ASSISTANCE — COOPERATION WITH STATE AND FEDERAL GOVERNMENT. In addition to the powers conferred upon the association by other provisions of this chapter, the association is empowered to administer any other state, private or federal assistance program including without limitation all tax credit programs, guaranty, loan or investment funds and block grants and to borrow money or accept contributions, grants or other financial assistance or investment from private sources or from the state or federal government for or in aid of any housing project, nonprofit facility, economic development project or agricultural facility within its area of operation, to take over or lease or manage any housing project, nonprofit facility, economic development project or agricultural facility or undertaking constructed or owned by the federal government, and to these ends, to comply with such conditions and to make such trust indentures, leases or agreements as may be necessary, convenient or desirable. It is the purpose and intent of this act to authorize the association to do any and all things necessary or desirable to secure the financial aid or cooperation of the state or federal government in the undertaking, construction, maintenance or operation of any housing project, nonprofit facility, economic development project or agricultural facility by the association. The association is specifically authorized to work with the Idaho department of agriculture in connection with any loan for an agricultural facility and the Idaho department of agriculture shall assist in the provisions of such loans.
History:
[67-6223, added 1972, ch. 324, sec. 23, p. 789; am. 1989, ch. 423, sec. 10, p. 1047; am. 1996, ch. 253, sec. 27, p. 827; am. 1997, ch. 191, sec. 5, p. 539; am. 2000, ch. 364, sec. 5, p. 1212; am. 2007, ch. 152, sec. 5, p. 473.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Chapter 62 - IDAHO HOUSING AND FINANCE ASSOCIATION
Section 67-6202 - IDAHO HOUSING AND FINANCE ASSOCIATION CREATED.
Section 67-6203 - COMMISSIONERS — CHAIRMAN — APPOINTMENTS.
Section 67-6204 - VICE-CHAIRMAN, EXECUTIVE DIRECTOR AND OTHER PERSONNEL — APPOINTMENTS — QUORUM.
Section 67-6205 - DEFINITIONS.
Section 67-6206 - POWERS OF ASSOCIATION.
Section 67-6207A - ADDITIONAL POWERS.
Section 67-6207B - MORTGAGE LOANS — RULES — PURCHASE.
Section 67-6207C - HOUSING SPONSORSHIP.
Section 67-6207D - PERIODIC EXAMINATION OF INCOME OF PERSONS RESIDING IN HOUSING PROJECTS.
Section 67-6208 - TAX EXEMPT STATUS.
Section 67-6209 - HOUSING PROJECTS SUBJECTED TO ORDINANCES AND REGULATIONS.
Section 67-6210 - POWER TO ISSUE BONDS.
Section 67-6211 - ADDITIONAL DEFINITIONS AND CAPITAL RESERVE FUND PROCEDURES.
Section 67-6212 - REFUNDING OF OBLIGATIONS.
Section 67-6213 - DEPOSIT OF FUNDS.
Section 67-6214 - RIGHTS OF BONDHOLDER.
Section 67-6215 - RIGHTS NOT TO BE IMPAIRED BY STATE.
Section 67-6215A - REMEDIES OF BONDHOLDERS.
Section 67-6215B - LEGAL INVESTMENTS.
Section 67-6216 - AUTHORITY TO MAKE LOANS.
Section 67-6218 - FEASIBILITY.
Section 67-6219 - TECHNICAL ASSISTANCE.
Section 67-6220 - AUDITS — ANNUAL REPORTS.
Section 67-6221 - CONFLICT OF INTEREST.
Section 67-6222 - EXEMPTION OF REAL PROPERTY OF ASSOCIATION FROM LEVY AND SALE BY EXECUTION.
Section 67-6223A - DONATIONS TO HOUSING AND FINANCE ASSOCIATION.
Section 67-6224 - CONSTRUCTION OF ACT.
Section 67-6224A - LEGISLATIVE CONSTRUCTION.
Section 67-6225 - CONSTITUTIONALITY.