# Chapter 1.2 Virginia Housing Development Authority Act

This chapter is comprised of the following 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- §36-55.30:1 Repealed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- §36-55.33 Repealed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- §36-55.34 Repealed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- §36-55.37:1 Repealed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