                                 CODE OF VIRGINIA

AUTHORIZATION OF FUNDING FROM HDA (§ 36-148.1)

The HDA and the Department of Housing and Community Development, on behalf of
the Fund, may enter into agreements whereby the Fund may obtain funding from the
HDA for the financing of loans in accordance with this chapter, subject to such
terms and conditions as shall be set forth therein. To the extent so provided by
the terms of any such agreements, moneys in the Fund may be used to repay the
HDA any amounts owed thereunder, and assets of the fund may be pledged to the
HDA pursuant to such agreements to secure the repayment of such amounts. Any
such agreements entered into by the HDA and the Department of Housing and
Community Development prior to February 25, 1991, are hereby validated.

HISTORY: 1991, c. 48.