A city may develop and administer programs of (1) making or purchasing mortgage or rehabilitation loans pursuant to section 462C.03 to finance the acquisition or rehabilitation of single family housing by low and moderate income persons and families anywhere within its boundaries, or (2) making or purchasing loans pursuant to section 462C.05 to finance multifamily housing developments or the rehabilitation of multifamily housing developments if the program is submitted for review pursuant to section 462C.04, subdivision 2.
1979 c 306 s 1; 1982 c 624 s 1; 1995 c 167 s 1
Structure Minnesota Statutes
Chapters 460 - 463 — Local Government Police Powers
Chapter 462C — Municipal Housing
Section 462C.01 — Authorization.
Section 462C.02 — Definitions.
Section 462C.03 — City Housing Plan.
Section 462C.04 — Program Review.
Section 462C.05 — Multifamily Housing, Health Care Facility.
Section 462C.06 — County Hra Acting On Behalf Of City.
Section 462C.07 — Housing Revenue Bonds.
Section 462C.071 — Single-family Mortgage Bonds; Limitations.
Section 462C.08 — Other Housing Legislation.
Section 462C.10 — Official Action Exception.
Section 462C.11 — Mortgage Credit Certificate Programs.
Section 462C.12 — Minneapolis/st. Paul Housing Finance Board; Powers; Jurisdiction.
Section 462C.13 — City Indian Housing Authority.
Section 462C.14 — Housing Program And Developmental Financial Services.
Section 462C.16 — Housing Trust Funds For Local Housing Development.