1E Creating a blighted housing rehabilitation program; authorizing and providing for nonprofit housing organizations to petition for temporary possession of property under certain conditions, providing for hearings; requiring court to enter orders approving rehabilitation plan and granting temporary possession of property; specifying certain powers and liability of the housing organization; requiring annual reports to the court by the housing organization; specifying rights of owner to regain possession of property; providing for property redemption by housing organization under certain conditions; providing for transfer of property ownership to housing organization; specifying first lien on property
(me)