Notwithstanding the provisions of any general, special or local law, a municipality,
acting through an agency, is authorized to provide, or contract to provide, interest
reduction subsidies for loans made by private investors to low and moderate income
owner-occupants of one to four unit existing private or multiple dwellings within
its territorial limits, if such owner-occupants would have been eligible under the
provisions of this article for a loan made by the municipality pursuant to this article.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.