Section 6-27-5 - State, county, municipalities and the authority; authorization for affordable housing.
6-27-5. State, county, municipalities and the authority; authorization for affordable housing.
The state, a county, a municipality or the authority may:
A. donate, provide or pay all, or a portion, of the costs of land for the construction on the land of affordable housing;
B. donate, provide or pay all or a portion of the costs of conversion or renovation of existing buildings into affordable housing;
C. provide or pay the costs of financing or infrastructure necessary to support affordable housing projects; or
D. provide or pay all or a portion of the costs of acquisition, development, construction, financing, operating or owning affordable housing.