Sec. 56.
In special circumstances where the authority deems it appropriate in order to accomplish the purposes of this act, the authority may provide the necessary financing for small scale housing developments built primarily for low income families and individuals eligible for lower rentals or carrying charges under this chapter, and may waive the requirement that no more than 25% of the dwelling units in any particular project may be made available to low income families under this section.
History: 1966, Act 346, Eff. Mar. 10, 1967
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 346 of 1966 - State Housing Development Authority Act of 1966 (125.1401 - 125.1499c)
346-1966-3 - Chapter 3 (125.1451...125.1457)
Section 125.1451 - Definitions.
Section 125.1455 - Low and Moderate Income Housing; Rights of Persons or Families Benefited.
Section 125.1456 - Low and Moderate Income Housing; Financing for Small Scale Housing Developments.