17-6-802. Purpose.
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/mt/title-17/chapter-6/part-8/17-6-802·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-6-802 . Purpose. The purpose of the loans made and the bonds or other securities issued and purchased pursuant to this part are:
(1)to increase home ownership and provide more long-term rental opportunity;
(2)to increase housing supply and offer diverse housing types to meet the needs of population growth; and
(3)to create partnerships between the state, local governments, private sector developers, and applicants for residential development to finance necessary infrastructure for housing.