Michigan HB5661 amends the Michigan Housing Development Authority's operations and powers under the MI Home Program Act.
Michigan HB5661 amends the Michigan Housing Development Authority's operations and powers under the MI Home Program Act. The bill allows the authority to engage in various activities, including making loans, purchasing and selling securities, entering into contracts, and imposing covenants on housing projects. It also grants the authority the power to set standards for housing projects, participate in federal programs, and engage in research and dissemination of housing information.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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