234.51 Housing rehabilitation loan program administration fund; establishment and use.
104 words·~1 min read·
/wi/chapter-234/234-51-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
234.51 Housing rehabilitation loan program administration fund; establishment and use.
(1)There is established under the jurisdiction of the authority a housing rehabilitation loan program administration fund. There shall be paid into such fund the amounts appropriated under s. 20.490
(a), the amounts provided in s. 234.55 , any amounts transferred by the authority to such fund from other funds or sources and any other moneys which may be available to the authority for the purpose of such fund from any other source.
(2)Subject to agreements with bondholders, the authority shall use moneys in the fund solely for the following purposes: