1. On and after the effective date of this section, all obligations of the division
with respect to rural area revitalization projects shall become the obligations of
the corporation and the corporation shall be responsible for the administration of
all rural area revitalization projects. The division shall provide for the orderly transfer of all matters, records and
things relating to rural revitalization projects to the corporation.
2. Notwithstanding the provisions of any general or special law, the director of the
budget is authorized to transfer to the corporation funds otherwise appropriated or
reappropriated for the purposes of rural area revitalization projects to the division
of housing and community renewal.
3. All rules, regulations, acts, determinations and decisions of the division or the
commissioner thereof with respect to the administration of rural area revitalization
projects in force on the effective date of this section shall continue in force and
effect as rules, regulations, acts, determinations and decisions of the corporation
until duly modified or rescinded by the corporation.
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