Section 10A. The department may enter into a contract with a local housing authority for the purpose of assisting housing development by expending such monies as may be appropriated for the purpose of making non-interest bearing advances to housing authorities organized under the provisions of chapter one hundred and twenty-one B to enable them to construct low rent housing projects, as defined in said chapter one hundred and twenty-one B, provided the department shall, pursuant to regulations made by it, make the following findings: (1) there is a reasonable anticipation that financing arrangements satisfying the requirements of chapter one hundred and twenty-one B will be obtained for said project, and, (2) the project site is suitable, the need for housing of the type proposed in the area to be served is demonstrated, and the likelihood that the project will provide low-income housing is great. The proceeds of such advances may be used only to defray the development costs of such project incurred prior to initial advance funds in accordance with the provisions of said chapter one hundred and twenty-one B. Such costs may include, but shall not be limited to (a) payments for options to purchase properties on the proposed housing project site, deposits on contracts of purchase, or with prior approval, payment for the purchase of such properties; (b) legal and organizational expenses including payment of attorney's fees, project manager and clerical staff salaries, office rent and other incidental studies; advances for planning, engineering and architectural work; and, (c) such other expenses incurred by the authority as the department may deem appropriate to effectuate the purposes of this section. The housing authority shall reimburse the commonwealth for all monies advanced under this section from the proceeds of any bonds or notes issued under sections thirty-four or forty-one of said chapter one hundred and twenty-one B of the General Laws.
Any monies so reimbursed shall be credited to the General Fund.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 23b - Department of Housing and Community Development
Section 2 - Divisions; Associate Directors; Public Instrumentalities
Section 4 - Bureaus; Department's Description of Organization; Bureau Chiefs
Section 5a - Housing Appeals Committee
Section 5b - Joint Task Force on Housing for Persons With Disabilities
Section 6 - Annual Report; Regulations
Section 8 - Employees; Staff Officers; Appointment and Removal
Section 11 - Definitions Applicable to Secs. 12 to 15
Section 12 - Urban Job Incentive Bureau; Programs
Section 13 - Eligible Business Facility; Requirements
Section 13a - Eligible Section of Substantial Poverty
Section 14 - Certificate of Eligible Business Facility; Application
Section 15 - Issuance of Certificate of Eligible Business Facility; Requirements
Section 24a - Fuel Assistance and Weatherization Assistance Programs; Coordination
Section 24b - Low-Income Sewer and Water Assistance Program
Section 25 - Definitions Applicable to Secs. 26 to 27
Section 26 - Public Purpose for State Assisted Rental Housing
Section 29 - Confidentiality of Community Development Block Grant Application Materials