234.05 Housing development fund; establishment; payments into fund.
(1) There is established under the jurisdiction and control of the authority a revolving fund to be known as the “housing development fund".
(2) There shall be paid into the housing development fund:
(a) Any moneys which the authority receives as interest on or in repayment of temporary loans made from the housing development fund;
(b) Any moneys transferred by the authority to the housing development fund from other funds or sources; and
(c) Any other moneys which may be made available to the authority for the purpose of the housing development fund from any other source.
History: 1971 c. 287.
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