Under existing law, a county housing authority has numerous powers. This bill would provide further powers to a county housing authority to manage housing projects and community facilities, including powers to participate in lawful forms of business organizations, make loans, create subsidiaries or other lawful business organizations, and enter into contracts. This bill would ratify the creation of any wholly-owned subsidiary of a county housing authority. This bill would further provide for a county housing authority's power to evaluate and award contracts. This bill would exempt county housing authorities from all taxes. This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.

Statutes affected:
Introduced: 24-1-61, 24-1-66