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Statutes > Michigan Statutes > Chapter 125 - PLANNING, HOUSING, AND ZONING > Act 84 of 1999 - URBAN HOMESTEADING IN MULTIFAMILY PUBLIC HOUSING ACT (125.2721 - 125.2734)

Act 84 of 1999 - URBAN HOMESTEADING IN MULTIFAMILY PUBLIC HOUSING ACT (125.2721 - 125.2734)

  • Section 125.2721 - Short title.
  • Section 125.2722 - Definitions.
  • Section 125.2723 - Urban homestead program in multifamily public housing; availability of property to qualified buyers; resolution; appeals process to applicants and buyers.
  • Section 125.2724 - Acquisition of housing project by resident organization; conditions; payment of fees and operation subsidies; management training and counseling; application for grant funds.
  • Section 125.2725 - Transfer of legal ownership.
  • Section 125.2726 - Acquisition of public housing property; eligibility to enter homestead agreement; substance abuse testing; verification of school attendance.
  • Section 125.2727 - Acquisition of public housing unit in which qualified buyer resides; application; felony as automatic termination; conditions for transfer of legal ownership; escrow account.
  • Section 125.2728 - Mortgage loans.
  • Section 125.2729 - Right of first refusal.
  • Section 125.2730 - Legal ownership by resident organization or successor entity; effect on residents who do not become owners.
  • Section 125.2731 - Federal waivers.
  • Section 125.2732 - Additional powers.
  • Section 125.2733 - Audit.
  • Section 125.2734 - Late or delinquent rent.




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