Repayment by an authority of the sums loaned to it by the state shall be made only from the income received by such authority from the operation or sale of housing projects for which such sums were loaned to it or from federal funds received by such authority.
(1949, S. 456d; P.A. 78-304, S. 18, 22.)
History: P.A. 78-304 allowed authority to repay state loans with federal funds.
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