§ 45-32.1-1 - Purpose. - Rhode Island Statutes

SECTION 45-32.1-1

   § 45-32.1-1  Purpose. – The purpose of this chapter is to assist any municipality in this state, or anyredevelopment agency created or to be created pursuant to § 45-31-9, toobtain credit from the federal government for local grants in aid to urbanrenewal which is federally assisted under the Federal Urban Renewal Law (titleI of the Housing Act of 1949, as amended, mostly omitted by 42 U.S.C. §5316, which terminated the authority to make most grants or loans after January1, 1975; see, however, 42 U.S.C. § 1452c) for certain expenditures inconnection with land, buildings, or structures (and the relocation ofoccupants) within, adjacent to, or in the immediate vicinity of, aredevelopment project area which are redeveloped or rehabilitated foreducational or hospital use in accordance with a redevelopment plan or adevelopment plan acceptable to the United States of America or department,agency, or instrumentality thereof after considering the standards of title Iof the Housing Act of 1949, as amended.