462.3912 REGIONAL HOUSING DEVELOPMENT.
The Headwaters Regional Development Commission may establish a not-for-profit
corporation for the purposes of increasing the supply of affordable housing and improving
opportunities for home ownership in development region two. The not-for-profit corporation
may, among other things, acquire land, accept grant and loan funds from the state and federal
governments, construct and rehabilitate housing units, and sell or manage housing in the region.
History: 1998 c 292 s 1