403A.27 Percentage of rent as taxes.
Any provision of this chapter notwithstanding, no housing project shall be approved unless as a condition at least ten percent of all rents and supplemental rental aid shall be paid annually as taxes to the office of the treasurer in the respective county in which said project is located, except as to the use of dwelling units in existing structures leased from private owners.
[C71, 73, 75, 77, 79, 81, §403A.27]
Structure Iowa Code
Chapter 403A - MUNICIPAL HOUSING PROJECTS
Section 403A.4 - Aid from federal government.
Section 403A.5 - Exercise of municipal housing powers — municipal housing agency.
Section 403A.6 - Operation of housing not for profit.
Section 403A.7 - Housing rentals and tenant admissions.
Section 403A.8 - Dwellings for disaster victims and defense workers.
Section 403A.9 - Cooperation between municipalities.
Section 403A.10 - Tax exemption and payments in lieu of taxes.
Section 403A.11 - Planning, zoning, and building laws — insulation requirements.
Section 403A.13 - Form and sale of bonds.
Section 403A.14 - Provisions of bonds, trust indentures, and mortgages.
Section 403A.15 - Remedies of an obligee.
Section 403A.16 - Additional remedies conferrable by a municipality.
Section 403A.17 - Exemption of property from execution sale.
Section 403A.18 - Transfer of possession or title to federal government.
Section 403A.19 - Certificate of state auditor.
Section 403A.20 - Condemnation of property.
Section 403A.21 - Cooperation in undertaking housing projects.
Section 403A.22 - Personal interest prohibited.
Section 403A.23 - Eligibility of persons receiving public assistance.
Section 403A.24 - Chapter controlling.
Section 403A.27 - Percentage of rent as taxes.