2006 Michigan Compiled Laws - Act 479 of 2004


MICHIGAN HOUSING AND COMMUNITY DEVELOPMENT FUND ACT

Act 479 of 2004

AN ACT to establish the Michigan housing and community development fund in the department of treasury; to provide for the administration of the fund; to provide for the deposit of certain money in that fund; to provide for the distribution of the money in that fund and to limit the use of the money in that fund; and to prescribe the powers and duties of certain state officials.


History: 2004, Act 479, Imd. Eff. Dec. 28, 2004




The People of the State of Michigan enact:

DocumentDescription
Section 125.2821Short title.
Section 125.2822Definitions.
Section 125.2823Michigan housing and community development fund; creation as separate fund; administration; amounts credited to fund; investment; availability of funds for disbursement.
Section 125.2824Disposition of amounts.
Section 125.2826Use of funds.
Section 125.2827Priorities.
Section 125.2828Allocation plan; formula.
Section 125.2829Availability of remaining balance in fund.
Section 126.2825Allocation of funds to eligible applicants for housing projects; conditions.

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