                                 CODE OF VIRGINIA

VIRGINIA HOUSING DEVELOPMENT AUTHORITY CONTINUED; CONSTITUTED A PUBLIC
INSTRUMENTALITY (§ 36-55.27)

There is hereby continued within the Department of Housing and Community
Development, for the purpose of § 36-55.51, a political subdivision of the
Commonwealth of Virginia with all of the politic and corporate powers as are set
forth in this chapter, which are hereby reaffirmed, to be known as the
&#8220;Virginia Housing Development Authority&#8221; to carry out the provisions
of this chapter. The HDA is hereby constituted a public instrumentality
exercising public and essential governmental functions, and the exercise by the
HDA of the powers conferred by this chapter shall be deemed and held to be the
performance of an essential governmental function of the Commonwealth.

HISTORY: 1972, c. 830; 1977, c. 613; 1979, c. 243.