55:14J-50 - Federal grants;Ā establishment and maintenance of mortgage assistance fund
55:14J-50.Ā Federal grants;Ā establishment and maintenance of mortgage assistance fund
The commissioner is hereby empowered to enter into negotiations with the Federal Government for the purpose of securing any available financial grants and to receive any such grants and thereafter the State Treasurer may cause them to be established and maintained in the aforementioned Mortgage AssistanceĀ Fund.Ā Any such funds so established and maintained may be requisitioned by theĀ Department of Community Affairs for the uses and purposes specified herein,Ā subject to the same restrictions and control as are exercised over all otherĀ appropriated State funds, but not inconsistent with the provisions of the actĀ hereinabove mentioned.
L.1976, c. 133, s. 10, eff. Dec. 27, 1976.
Ā
The commissioner is hereby empowered to enter into negotiations with the Federal Government for the purpose of securing any available financial grants and to receive any such grants and thereafter the State Treasurer may cause them to be established and maintained in the aforementioned Mortgage AssistanceĀ Fund.Ā Any such funds so established and maintained may be requisitioned by theĀ Department of Community Affairs for the uses and purposes specified herein,Ā subject to the same restrictions and control as are exercised over all otherĀ appropriated State funds, but not inconsistent with the provisions of the actĀ hereinabove mentioned.
L.1976, c. 133, s. 10, eff. Dec. 27, 1976.
Ā