403A.27 Percentage of rent as taxes.
71 words·~1 min read·
/ia/chapter-403a-municipal-housing-projects/403a-27·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any provision of this chapter notwithstanding, no housing project shall be approved unless as a condition at least ten percent of all rents and supplemental rental aid shall be paid annually as taxes to the office of the treasurer in the respective county in which said project is located, except as to the use of dwelling units in existing structures leased from private owners.
[C71, 73, 75, 77, 79, 81, §403A.27]