[§201H-16]  Administration of federal
programs. (a)  The corporation may carry out federal programs designated
to be carried out by a housing finance or housing development entity.



(b)  The corporation shall adopt necessary
rules in accordance with chapter 91, including the establishment and collection
of reasonable fees for administering the program, to carry out any federal
program in subsection (a).



(c)  All fees collected for administering the
program may be deposited into an appropriate special fund of the corporation
and may be used to cover the administrative expenses of the corporation. [L
2005, c 196, pt of §20; am L 2006, c 180, §15]