There is a newer version
of
this Statute
2021 Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)
AN ACT to create an urban homestead program for multifamily public housing; to provide that certain local governmental units and public housing entities create and administer urban homestead programs for multifamily public housing; to prescribe the powers and duties of certain state and local governmental units and public housing entities; and to provide for the disposition of personal and real property.
History: 1999, Act 84, Imd. Eff. June 28, 1999
- Section 125.2721 - Short Title.
- Section 125.2722 - Definitions.
- Section 125.2723 - Urban Homestead Program in Multifamily Public Housing; Availability of Property to Qualified Buyers; Resolution; Appeals Process to Applicants and Buyers.
- Section 125.2724 - Acquisition of Housing Project by Resident Organization; Conditions; Payment of Fees and Operation Subsidies; Management Training and Counseling; Application for Grant Funds.
- Section 125.2725 - Transfer of Legal Ownership.
- Section 125.2726 - Acquisition of Public Housing Property; Eligibility to Enter Homestead Agreement; Substance Abuse Testing; Verification of School Attendance.
- Section 125.2727 - Acquisition of Public Housing Unit in Which Qualified Buyer Resides; Application; Felony as Automatic Termination; Conditions for Transfer of Legal Ownership; Escrow Account.
- Section 125.2728 - Mortgage Loans.
- Section 125.2729 - Right of First Refusal.
- Section 125.2730 - Legal Ownership by Resident Organization or Successor Entity; Effect on Residents Who Do Not Become Owners.
- Section 125.2731 - Federal Waivers.
- Section 125.2732 - Additional Powers.
- Section 125.2733 - Audit.
- Section 125.2734 - Late or Delinquent Rent.
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.