CODE OF VIRGINIA

AID FROM FEDERAL GOVERNMENT (§ 36-26)

In addition to the powers conferred upon an authority by other provisions of
this chapter, an authority is empowered to borrow money or accept contributions,
grants or other financial assistance from the federal government for or in aid
of any housing project within its area of operation, to take over or lease or
manage any housing projects or undertaking, within such area, constructed or
owned by the federal government, and to these ends, to comply with such
conditions and enter into such mortgages, trust indentures, leases or agreements
as may be necessary, convenient or desirable.

HISTORY: 1938, p. 457; Michie Code 1942, § 3145(19).