(1) To invest its funds in projects contemplated by this chapter;
(2) To acquire and hold land;
(3) To acquire or erect apartment, tenement, or other dwelling houses, not including hotels but including accommodations for retail stores, shops, offices, and other community services reasonably incidental to such projects; to own, maintain, manage, and collect or receive income from such apartment, tenement, or other dwelling houses; and
(4) To sell or convey such land and the improvements thereon.
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