36-36 - Powers of county and regional housing authorities. - Virginia Statutes

§ 36-36. Powers of county and regional housing authorities.

County housing authorities and regional housing authorities are specificallyempowered and authorized to borrow money, accept grants and exercise theirother powers to provide housing for farmers of low income. In connection withsuch projects, any such housing authority may enter into such leases orpurchase agreements, accept such conveyances and rent or sell dwellingsforming part of such projects to or for farmers of low income, as suchhousing authority deems necessary in order to assure the achievement of theobjectives of this Housing Authorities Law. Such leases, agreements orconveyances may include such covenants as such housing authority deemsappropriate regarding such dwellings and the tracts of land described in anysuch instrument, which covenants shall be deemed to run with the land wheresuch housing authority deems it necessary and the parties to such instrumentsso stipulate. Nothing contained in this section shall be construed aslimiting any other powers conferred by this Housing Authorities Law.

(1942, p. 322; Michie Code 1942, § 3145(4h).)