|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1567
|
|
|
|
|
HARRY HUGHES, Governor
|
|
|
|
|
|
|
|
|
|
|
|
|
|
congested dwelling accommodations, or are required to pay an
inordinate share of their income for shelter; that the aforesaid
conditions necessitate excessive and disproportionate
expenditures of public funds for public health and safety, fire
and accident protection, and other public services and
facilities; that the shortage of decent, safe and sanitary
dwellings cannot wholly be relieved through the operation of
private enterprise; and that the construction of housing for
persons of eligible income, and/or the expenditure of public
funds to assist in securing the production of such housing are,
therefore, not competitive with private enterprise; and that the
necessity for such construction and the expenditure of public
funds in the public interest, for the provisions hereinafter
enacted, are hereby declared as a matter of legislative
determination to be valid public purposes.
(b) The housing authority of Baltimore City[, in] SHALL
CONSTITUTE A PUBLIC BODY CORPORATE AND POLITIC, EXERCISING PUBLIC
AND ESSENTIAL GOVERNMENTAL FUNCTIONS, AND HAVING ALL THE POWERS
NECESSARY OR CONVENIENT TO CARRY OUT AND EFFECTUATE THE PURPOSES
AND PROVISIONS OF THIS ARTICLE. IN addition to the powers
enumerated in this article, [shall have the authority] THE
HOUSING AUTHORITY IS AUTHORIZED to exercise all or any part or
combination of such powers to provide for housing or housing
projects for persons of eligible income.
(c) In addition to the powers enumerated in this article
and any powers given by local law, the housing authority of
Baltimore City, in providing housing for persons of eligible
income in accordance with subsection (b) above, shall have the
following powers:
(1) Within its area of operation: to make mortgage
loans and make rent subsidy payments to persons of eligible
income.
(2) Within its area of operation: to make
construction loans and long-term mortgage loans to any person,
firm, partnership, association, joint venture, or corporation,
public or private, to produce housing for persons of eligible
income.
(3) Within its area of operation: to purchase and to
insure mortgages secured by housing for persons of eligible
income.
(D) (1) IN ADDITION TO THE POWERS ENUMERATED IN THIS
ARTICLE, THE AUTHORITY MAY EXERCISE ITS POWERS AS GRANTED BY THIS
ARTICLE IRRESPECTIVE OF THE FACT THAT SUCH ACTIVITIES MAY
SUPPLANT DISPLACE OR LIMIT FREE ECONOMIC COMPETITION.
(2) THE POWERS GRANTED TO THE AUTHORITY PURSUANT TO
THIS SUBSECTION SHALL NOT BE CONSTRUED:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
