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HARRY HUGHES, Governor 1575
therefore, are not competitive with private enterprise. A need
exists for mortgage credit to be made available for new housing
construction and for rehabilitating existing housing because many
purchasers and owners of housing are unable to afford mortgage
credit at the market rate of interest or obtain mortgage credit
because the mortgage credit market is severely restricted. A
need exists for the construction and rehabilitation of such
housing and the expenditure of public resources and assistance
meet the needs and are in the public interest. Accordingly, the
provisions of this section are declared as a matter of
legislative determination to create a sound housing stock,
contribute towards a balanced economy, promote the health,
welfare and safety of the residents and therefore be valid public
purposes.
(B) (1) IN PRINCE GEORGE'S COUNTY, THE PUBLIC BODY
CORPORATE AND POLITIC ESTABLISHED UNDER THIS ARTICLE, SHALL BE
KNOWN AS THE HOUSING AUTHORITY OF PRINCE GEORGE'S COUNTY AND
SHALL HAVE 7 COMMISSIONERS APPOINTED AND EXERCISING THE POWERS
AND DUTIES AS SET FORTH IN THIS ARTICLE.
(2) THE COUNTY EXECUTIVE, WITH THE APPROVAL OF THE
COUNTY COUNCIL, SHALL APPOINT AND MAY REMOVE THE COMMISSIONERS OF
THE HOUSING AUTHORITY. THE COUNTY EXECUTIVE SHALL DESIGNATE
WHICH OF THE COMMISSIONERS APPOINTED SHALL BE THE CHAIRMAN OF THE
HOUSING AUTHORITY.
(3) PRIOR TO CONFIRMATION OF EACH APPOINTMENT TO THE
HOUSING AUTHORITY, THE COUNTY COUNCIL SHALL HOLD A PUBLIC HEARING
ON THE COUNTY EXECUTIVE'S NOMINATIONS FOR APPOINTMENT TO THE
HOUSING AUTHORITY.
(4) (I) THE COMMISSIONERS ARE APPOINTED FOR A TERM OF
OFFICE OF 5 YEARS. THE TERMS OF THE MEMBERS ARE STAGGERED AS
REQUIRED BY THE TERMS OF THE MEMBERS SERVING ON JULY 1, 1988
1983.
(II) A MEMBER APPOINTED TO FILL A VACANCY IN AN
UNEXPIRED TERM OR TO SUCCEED A MEMBER WHO IS HOLDING OVER SERVES
ONLY FOR THE REMAINDER OF THAT TERM.
(III) A MEMBER SERVES UNTIL HIS SUCCESSOR IS
APPOINTED AND QUALIFIES.
[(b)] (C) EXCEPT AS OTHERWISE PROVIDED BY PRINCE GEORGE'S
COUNTY LOCAL LAW OR CONTRACTS WITH PRINCE GEORGE'S COUNTY
[The] THE Housing Authority of Prince George's County[, in
addition to the powers enumerated in this article, has the
authority to] MAY:
(1) EXERCISE POWERS ENUMERATED IN THIS ARTICLE;
(2) (1) [exercise] EXERCISE all or any part or
combination of such powers to provide housing, housing
rehabilitation, housing projects, integrally related commercial
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