Michigan Compiled Laws
Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)
Section 125.2721 - Short Title.

Sec. 1.
This act shall be known and may be cited as the "urban homesteading in multifamily public housing act".
History: 1999, Act 84, Imd. Eff. June 28, 1999

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)

Section 125.2721 - Short Title.

Section 125.2722 - Definitions.

Section 125.2723 - Urban Homestead Program in Multifamily Public Housing; Availability of Property to Qualified Buyers; Resolution; Appeals Process to Applicants and Buyers.

Section 125.2724 - Acquisition of Housing Project by Resident Organization; Conditions; Payment of Fees and Operation Subsidies; Management Training and Counseling; Application for Grant Funds.

Section 125.2725 - Transfer of Legal Ownership.

Section 125.2726 - Acquisition of Public Housing Property; Eligibility to Enter Homestead Agreement; Substance Abuse Testing; Verification of School Attendance.

Section 125.2727 - Acquisition of Public Housing Unit in Which Qualified Buyer Resides; Application; Felony as Automatic Termination; Conditions for Transfer of Legal Ownership; Escrow Account.

Section 125.2728 - Mortgage Loans.

Section 125.2729 - Right of First Refusal.

Section 125.2730 - Legal Ownership by Resident Organization or Successor Entity; Effect on Residents Who Do Not Become Owners.

Section 125.2731 - Federal Waivers.

Section 125.2732 - Additional Powers.

Section 125.2733 - Audit.

Section 125.2734 - Late or Delinquent Rent.