reglab/housing_qa huggingface dataset:
SC Code § 31-13-60 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-60. Authority authorized to operate in any and all counties; operation where there is county housing authority; approval of local governing bodies.

 The Authority may conduct its operations in any or all of the counties of the State. If an existing housing authority is operating in a county where the South Carolina State Housing Finance and Development Authority determines that a need exists for additional housing for low-income families, the South Carolina State Housing Finance and Development Authority shall advise that housing authority of its findings of need for that county and shall urge that housing authority to make appropriate plans to meet that need. If, within sixty days after a housing authority has received such notification of need, that housing authority has not submitted an acceptable plan of action for meeting that need, the South Carolina State Housing Finance and Development Authority may construct and operate housing for low-income families in such county; provided, however, that before any such operation by the South Carolina Housing Finance and Development Authority occurs, the South Carolina State Housing Finance and Development Authority shall first obtain the written approval of the governing body of the county, if such proposed operation is intended for an unincorporated area of the county or, if the proposed operation is intended to take place within the jurisdiction of an incorporated municipality, then in such instance the South Carolina State Housing Finance and Development Authority shall obtain the written approval of the governing body of such municipality and shall then have authority over the same jurisdiction as that municipality had.  HISTORY: 1962 Code Section 36-295; 1971 (57) 927; redesignated from Section 31-3-150 by 1992 Act No. 410, Section 3.
SC Code § 31-13-70 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-70. Housing Finance and Development Authority allocated state ceiling to issue bonds.

 Pursuant to 26 U.S.C. Section 103A (g) (6) (A), the South Carolina State Housing Finance and Development Authority is allocated all of the state ceiling to issue qualified mortgage bonds.  HISTORY: 1982 Act No. 283, Section 1; 1988 Act No. 538, Section 2; redesignated from Section 31-3-70 by 1992 Act No. 410, Section 3.
SC Code § 31-13-80 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-80. Authority may provide advice or technical assistance.

 The State Housing Finance and Development Authority may provide advice or technical assistance to public and nonprofit entities and to federal agencies so as to stimulate the housing industry and to relieve unemployment. The ability to enter into contracts for the provision of advice or technical assistance as provided by this section is not limited by the economic class of any individual who may benefit from such contract.  Contracts may be made and executed with political subdivisions of the State, nonprofit entities, and federal agencies engaged in providing or promoting the development of housing resources within the State so that the State Housing Finance and Development Authority may provide advice or technical assistance. All such advice or technical assistance, when offered to non-governmental entities, must be in participation with private enterprise.  HISTORY: 1983 Act No. 29, Section 1; 1988 Act No. 538, Section 2; redesignated from Section 31-3-170 by 1992 Act No. 410, Section 3.
SC Code § 31-13-90 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-90. Issuance of notes or bonds for multi-family housing; approval by State Fiscal Accountability Authority.

 It is intended by the provisions of this section and Sections 31-3-20(15) and (17) and 31-3-540 that the city, county, and regional housing authorities have the same powers presently granted to the State Housing Finance and Development Authority by the provisions of Sections 31-13-160 through 31-13-330 with respect to multi-family housing only. The provisions of this section and Sections 31-3-20(15) and (17) and 31-3-540 do not apply to the financing, acquisition, or construction of single family dwellings by the State Housing Finance and Development Authority.  Following a determination made by an Authority that a series of notes or bonds must be sold and a finding that the revenues or other moneys estimated to thereafter be available for the repayment thereof will provide moneys required for the payment of the principal and interest on the notes and bonds outstanding and the notes or bonds then proposed to be issued, the Authority shall submit the following information to the State Fiscal Accountability Authority:  (1) the principal amount of the notes or bonds proposed to be issued.  (2) the purpose or purposes for which the proceeds of such notes or bonds are to be expended.  (3) the maturity schedule of the notes or bonds proposed to be issued.  (4) a schedule showing the annual debt service requirements on all outstanding notes or bonds of the Authority.  (5) a schedule showing the amount and source of revenues available for the payment of the debt service requirements established by the schedule required in item (4).  (6) the method to be employed in selling the proposed notes or bonds.  (7) any other information which the State Fiscal Accountability Authority shall require.  If the State Fiscal Accountability Authority shall determine that the funds estimated to thereafter be available for the repayment of the Authority's notes and bonds, including the proposed notes or bonds, will be sufficient to provide for the payment of the principal and interest on the Authority's notes and bonds thereafter to be outstanding as they become due, the State Fiscal Accountability Authority is authorized to give its approval to the issuance, in whole or in part, of the proposed notes or bonds, subject to such conditions, if any, as it may impose.  HISTORY: 1986 Act No. 369, Section 1; 1988 Act No. 538, Section 2; redesignated from Section 31-3-180 by 1992 Act No. 410, Section 3.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 31-13-210 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-210. Maximum interest rate.

 Notwithstanding any limitation or restriction now existing by statute heretofore enacted or other provisions of this chapter, the maximum rate of interest that may be paid by persons or families of the beneficiary class served by Sections 31-13-200(1)(a) and 31-13-200(1)(c) for a home loan with funds obtained under this legislation shall not exceed a rate equal to one percent less than the prevailing state real estate usury laws; except that any loan may have a greater rate of interest when such rate is approved by the State Fiscal Accountability Authority after such investigation and hearing as the board may deem necessary.  HISTORY: 1977 Act No. 76, Section 5A.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 31-13-220 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-220. Information required by State Fiscal Accountability Authority.

 Following a determination made by the Authority that a series of notes or bonds must be sold and a finding that the revenues or other moneys estimated to thereafter be available for the repayment thereof will provide moneys required for the payment of the principal and interest on the notes and bonds outstanding and the notes or bonds then proposed to be issued, the Authority shall submit the following information to the State Fiscal Accountability Authority:  (1) The principal amount of the notes or bonds proposed to be issued.  (2) The purpose or purposes for which the proceeds of such notes or bonds are to be expended.  (3) The maturity schedule of the notes or bonds proposed to be issued.  (4) A schedule showing the annual debt service requirements on all outstanding notes or bonds of the Authority.  (5) A schedule showing the amount and source of revenues available for the payment of the debt service requirements established by the schedule required in item (4).  (6) The method to be employed in selling the proposed notes or bonds.  (7) Any other information which the State Fiscal Accountability Authority shall require.  If the State Fiscal Accountability Authority shall determine that the funds estimated to thereafter be available for the repayment of the Authority's notes and bonds, including the proposed notes or bonds, will be sufficient to provide for the payment of the principal and interest on the Authority's notes and bonds thereafter to be outstanding as they become due, the State Fiscal Accountability Authority is authorized to give its approval to the issuance, in whole or in part, of the proposed notes or bonds, subject to such conditions, if any, as it may impose.  HISTORY: 1977 Act No. 76, Section 6.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 31-13-230 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-230. Maximum amount of bonds and notes.

 Notwithstanding any other provision of this chapter, the total amount of bonds and notes authorized to be issued herein shall not exceed a total amount of twenty-five million dollars during the first twelve months following May 10, 1977.  HISTORY: 1977 Act No. 76, Section 6A.
SC Code § 31-13-240 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-240. Information required by Bond Committee.

 Information furnished to the State Fiscal Accountability Authority under the provisions of Section 31-13-220 shall also be furnished to the Bond Committee created by Chapter 47 of Title 2.  HISTORY: 1977 Act No. 76, Section 6B.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 31-13-250 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-250. Rental projects authorized.

 If the Authority, by resolution, shall determine that a rental project is required for any area of the State and there is no housing sponsor capable of undertaking the acquisition, construction and operation of such rental project over its predetermined useful life under conditions assuring that it will provide decent, safe and sanitary housing accommodations for members of the beneficiary class intended to be assisted by the program undertaken pursuant to the authorizations of this chapter and at rentals commensurate with the financial capabilities of those within the beneficiary class, and that as a result of such circumstances the need in the particular area for decent, safe and sanitary rental housing accommodations at appropriate rentals cannot be met, then in such instances, the Authority may, upon the approval of the State Fiscal Accountability Authority, borrow the required money from any source, to acquire and cause to be constructed the required rental project, and thereafter to operate such project throughout its useful life. If the approval of the State Fiscal Accountability Authority is obtained, the provisions of Act 500 of 1971 relating to certain approvals, as specified in Section 31-3-150 which was added pursuant to that act, by local housing authorities of certain activities of the Authority shall be inapplicable. But, at any time during the operation of the project, the Authority may sell and convey it to a housing sponsor under conditions that will insure the continued operation of the project for the benefit of the intended beneficiary class.  To that end, the Authority may impose conditions upon any grantee requiring the continued operation of the project under appropriate conditions, including reversion of provisions in any deed of conveyance, to insure the intended result.  HISTORY: 1977 Act No. 76, Section 7.  Code Commissioner's Note  At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, Section 5(D)(1), effective July 1, 2015.
SC Code § 31-13-260 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-260. Refunding notes and bonds.

 The Authority may provide for the issuance of refunding notes and bonds for the purpose of refunding any notes and bonds then outstanding which have been issued under the provisions of this chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of the notes and bonds. The issuance of such refunding notes and bonds, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties and obligations of the Authority in respect of the same shall be governed by the provisions of this chapter which relate to the issuance of notes and bonds.  HISTORY: 1977 Act No. 76, Section 8.
SC Code § 31-13-270 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-270. Selling or exchanging refunding notes and bonds.

 Refunding notes and bonds issued pursuant to this chapter may be sold or exchanged for outstanding notes or bonds issued under this chapter and, if sold, the proceeds may be applied, in addition to any other authorized purposes, to the purchase, redemption or payment of such outstanding notes or bonds. Pending the application of the proceeds of any such refunding notes or bonds, together with any other available funds, to the payment of the principal, accrued interest and any redemption premium on the notes and bonds being refunded, such proceeds, together with any other available funds, shall be invested by the State Treasurer and the income and interest earned from such investments applied, if so provided or permitted in the resolution authorizing the issuance of such refunding notes or bonds or in the trust agreement securing the same (i) to the payment of any interest on such refunding notes or bonds and any expenses in connection with such refunding, (ii) to the payment of interest on the notes or bonds to be refunded, or (iii) partly in accordance with (i) and partly in accordance with (ii). Such proceeds and other available funds may be invested by the State Treasurer in direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by the United States of America, which shall mature or which shall be subject to redemption by the holders thereof, at the option of such holders, not later than the respective dates when the proceeds, together with the interest accruing thereon, will be required for the purposes intended.  HISTORY: 1977 Act No. 76, Section 9.
SC Code § 31-13-280 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-280. Liability of state and political subdivisions.

 The notes, bonds or other obligations of the Authority shall not be a debt or grant or loan of credit of the State or any political subdivision thereof and neither the State nor any political subdivision thereof shall be liable thereon, nor shall they be payable out of any funds other than those of the Authority and all notes, bonds and other obligations issued pursuant to this chapter shall contain on the face thereof a statement to such effect.  HISTORY: 1977 Act No. 76, Section 10.
SC Code § 31-13-290 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-290. Applicability of Section 31-3-1630.

 The provisions of Section 31-3-1630 of the 1976 Code shall be applicable with respect to notes, bonds or other obligations issued pursuant to this chapter.  HISTORY: 1977 Act No. 76, Section 11.
SC Code § 31-13-300 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-300. Agreements with holders of notes or bonds not subject to future alteration.

 The State pledges and agrees with the holders of any notes or bonds issued under this chapter that the State will not limit or alter the rights vested in the Authority to fulfill the terms of any agreements made with the holders thereof or in any way impair the rights and remedies of the holders until the notes or bonds, together with any action or proceedings by or on behalf of the holders, are fully met and discharged. The Authority is authorized to include this pledge and agreement of the State in any agreement with the holders of the notes or bonds.  HISTORY: 1977 Act No. 76, Section 12.
SC Code § 31-13-310 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-310. Chapter cumulative to any other powers conferred upon Authority.

 Except with respect to the provisions of Section 31-13-250, the provisions of this chapter shall not be construed as a restriction or limitation upon any powers which the Authority might otherwise have under any laws of the State and this chapter is cumulative to any such powers. This chapter shall be construed to provide a complete, additional and alternative method for the doing of the things authorized hereby and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of bonds, notes and other obligations and refunding notes and bonds under the provisions of this chapter need not comply with the requirements of any other state law applicable to the issuance of bonds, notes and other obligations and contracts or the construction and acquisition of any housing developments undertaken pursuant to this chapter need not comply with the provisions of any other state law applicable to contracts for the construction and acquisition of state-owned property. No proceedings, notice or approval shall be required for the issuance of any bonds, notes and other obligations or any instrument as security thereof, except as is provided in this chapter.  HISTORY: 1977 Act No. 76, Section 13.
SC Code § 31-13-320 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-320. Provisions of this chapter controlling over other provisions.

 If the provisions of this chapter are inconsistent with the provisions of any other law, including any of the provisions of Act 500 of 1971, the provisions of this chapter shall control.  HISTORY: 1977 Act No. 76, Section 14.
SC Code § 31-13-330 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-330. Savings clause.

 If any provision of this chapter is held invalid or unconstitutional such holding shall not affect the remaining provisions of this chapter and it is specifically declared that each financing program authorized by subsection (1) of Section 31-13-200 is independent of the others and that the authorization of each of these programs was not an inducement to the authorizations of the other programs.  HISTORY: 1977 Act No. 76, Section 15.
SC Code § 31-13-340 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-340. State Housing, Finance, and Development Authority Program Fund.

 Whenever the South Carolina State Housing, Finance, and Development Authority (Authority) collects or receives (1) income from fees collected, (2) other earned income, or (3) any investment income derived from fund assets, the Authority shall pay these monies to the State Treasurer who shall deposit them in a separate account to be known as the "State Housing, Finance, and Development Authority Program Fund". The monies in the State Housing, Finance, and Development Authority Program Fund must be administered by the Authority and be paid out only upon the signature of the chairman of the board of directors of the Authority, or a designee of the board, and the signature of the executive director, upon the written warrants of the Comptroller General drawn on the State Treasurer to the payee designated in the requisition. The Authority shall maintain separate records and books of account for these monies. The monies in the State Housing, Finance, and Development Authority Program Fund may be used only in accordance with the guidelines established in regulations promulgated by the Authority. Any interest or other increment resulting from investment must be deposited in the fund.  The authority is authorized to establish and fund through the State Housing, Finance, and Development Authority Program Fund a program to provide credit enhancements for designated economic development projects selected by the Department of Commerce.  HISTORY: 1986 Act No. 446, Section 1; 1988 Act No. 538, Section 2; 1997 Act No. 151, Section 11.
SC Code § 31-13-400 (2021)
2021 South Carolina Code of Laws|Title 31 - Housing and Redevelopment|Chapter 13 - Moderate To Low Income Housing|Section 31-13-400. Short title.

 This article may be cited as the South Carolina Housing Trust Fund Act.  HISTORY: 1992 Act No. 410, Section 1.