[§201H-106] Loan funding programs.
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[§201H-106] Loan funding programs.
(a)The corporation may contract with mortgage lenders to fund eligible loans and eligible improvement loans and may directly make or contract with mortgage lenders to fund eligible project loans.
(b)Any contract in subsection
(a)with a mortgage lender may contain provisions as determined by the corporation to be necessary or appropriate to provide security for its revenue bonds. [L 2006, c 180, pt of §4]