Virginia Housing Development Authority Act

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This is Chapter 1.2 of the Code of Virginia, titled “Virginia Housing Development Authority Act.” It is part of Title 36 “Housing”.

It’s comprised of the following 42 sections.

§ 36-55.24	Short title
§ 36-55.25	Finding and declaration of necessity
§ 36-55.26	Definitions
§ 36-55.27	Virginia Housing Development Authority continued; constituted a public instrumentality
§ 36-55.27:1	Programs and regulations to implement the Consolidated Plan
§ 36-55.28	Appointment and tenure of commissioners; officers; quorum; compensation; liability
§ 36-55.29	Executive director
§ 36-55.30	Powers of HDA generally
§ 36-55.30:1	Repealed
§ 36-55.30:2	Housing revitalization areas; economically mixed projects
§ 36-55.30:3	Regulations; adoption procedures
§ 36-55.31	Powers relative to making mortgage loans and temporary construction loans to housing sponsors and persons and families of low and moderate income
§ 36-55.31:1	Loans for installation of certain energy-saving devices
§ 36-55.32	Powers relative to purchase and sale to mortgage lenders of mortgage loans; loans to mortgage lenders
§ 36-55.33	Repealed
§ 36-55.33:1	Mortgage loan terms and conditions
§ 36-55.33:2	Powers relative to acquisition, development and ownership by HDA of multi-family residential housing
§ 36-55.34	Repealed
§ 36-55.34:1	Power to supervise housing sponsors
§ 36-55.34:2	Power to enter into agreements with owners of housing developments eligible for federal low-income housing credits
§ 36-55.35	Terms and conditions of purchase from and sale to mortgage lenders of mortgage loans; loans to mortgage lenders
§ 36-55.36	Terms and conditions of mortgage insurance
§ 36-55.36:1	Power to create insurance funds and form corporations for the purpose of insuring HDA mortgage loans
§ 36-55.37	Exemption from taxation
§ 36-55.37:1	Repealed
§ 36-55.38	Admission and income limitations relative to housing developments
§ 36-55.39	Procedure prior to financing of housing developments undertaken by housing sponsors
§ 36-55.40	Notes and bonds
§ 36-55.41	Reserve funds and appropriations
§ 36-55.42	Refunding obligations; issuance
§ 36-55.43	Same; sale
§ 36-55.44	Deposit and investment of moneys of HDA
§ 36-55.44:1	Swap agreements by HDA authorized
§ 36-55.45	Agreement with Commonwealth
§ 36-55.46	Commonwealth not liable on notes and bonds
§ 36-55.47	Remedies of noteholders and bondholders
§ 36-55.48	Grants from Commonwealth
§ 36-55.49	Notes and bonds as legal investments
§ 36-55.50	Liberal construction
§ 36-55.51	Reports
§ 36-55.51:1	Annual audit
§ 36-55.52	Inconsistent provisions in other laws superseded