Chapter 1.2 Virginia Housing Development Authority Act

This chapter is comprised of the following sections:
  • §36-55.24 Short title
  • §36-55.25 Finding and declaration of necessity
  • §36-55.26 Definitions
  • §36-55.27 Virginia Housing Development Authority continued; constituted a public instrumentality
  • §36-55.27:1 Programs and regulations to implement the Consolidated Plan
  • §36-55.28 Appointment and tenure of commissioners; officers; quorum; compensation; liability
  • §36-55.29 Executive director
  • §36-55.30 Powers of HDA generally
  • §36-55.30:1 Repealed
  • §36-55.30:2 Housing revitalization areas; economically mixed projects
  • §36-55.30:3 Regulations; adoption procedures
  • §36-55.31 Powers relative to making mortgage loans and temporary construction loans to housing sponsors and persons and families of low and moderate income
  • §36-55.31:1 Loans for installation of certain energy-saving devices
  • §36-55.32 Powers relative to purchase and sale to mortgage lenders of mortgage loans; loans to mortgage lenders
  • §36-55.33 Repealed
  • §36-55.33:1 Mortgage loan terms and conditions
  • §36-55.33:2 Powers relative to acquisition, development and ownership by HDA of multi-family residential housing
  • §36-55.34 Repealed
  • §36-55.34:1 Power to supervise housing sponsors
  • §36-55.34:2 Power to enter into agreements with owners of housing developments eligible for federal low-income housing credits
  • §36-55.35 Terms and conditions of purchase from and sale to mortgage lenders of mortgage loans; loans to mortgage lenders
  • §36-55.36 Terms and conditions of mortgage insurance
  • §36-55.36:1 Power to create insurance funds and form corporations for the purpose of insuring HDA mortgage loans
  • §36-55.37 Exemption from taxation
  • §36-55.37:1 Repealed
  • §36-55.38 Admission and income limitations relative to housing developments
  • §36-55.39 Procedure prior to financing of housing developments undertaken by housing sponsors
  • §36-55.40 Notes and bonds
  • §36-55.41 Reserve funds and appropriations
  • §36-55.42 Refunding obligations; issuance
  • §36-55.43 Same; sale
  • §36-55.44 Deposit and investment of moneys of HDA
  • §36-55.44:1 Swap agreements by HDA authorized
  • §36-55.45 Agreement with Commonwealth
  • §36-55.46 Commonwealth not liable on notes and bonds
  • §36-55.47 Remedies of noteholders and bondholders
  • §36-55.48 Grants from Commonwealth
  • §36-55.49 Notes and bonds as legal investments
  • §36-55.50 Liberal construction
  • §36-55.51 Reports
  • §36-55.51:1 Annual audit
  • §36-55.52 Inconsistent provisions in other laws superseded