17-2357. Aid from federal government.
17-2357
17-2357. Aid from federal government.
In addition to the powers conferred upon a municipality by other
provisions of this act, a municipality is empowered to borrow money or
accept contributions, grants or other financial assistance from the federal
government for or in aid of any housing project within its area of
operation, to take over, lease or manage any project or undertaking
constructed or owned by the federal government, and to these ends, to
comply with such conditions and enter into such contracts, covenants,
mortgages, trust indentures, leases or agreements as may be necessary,
convenient or desirable. It is the purpose and intent of this act to
authorize every municipality to do any and all things necessary or
desirable to secure the financial aid or cooperation of the federal
government in the undertaking, construction, maintenance or operation of
any housing project by such municipality. To accomplish this purpose a
municipality, notwithstanding the provisions of any other law, may include
in any contract for financial assistance with the federal government any
provisions, which the federal government may require as conditions to its
financial aid of a housing project, not inconsistent with the purposes of
this act.
History: L. 1957, ch. 132, § 21; L. 1973, ch. 96,
§ 17; July 1.