reglab/housing_qa huggingface dataset:
31 DE Code § 4012. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4012. Seal of DSHA.

§ 4012. Seal of DSHA. DSHA shall have a corporate seal in the form of a circle bearing the arms of the State in the center and the name of DSHA in the border. All deeds, contracts or other obligations, certificates or other instruments executed, including bonds which are provided for in § 4017 of this title, made or issued on behalf of DSHA, shall bear the signature of the Housing Director and have impressed or imprinted thereupon the seal of DSHA, or facsimile thereof, and when so appearing shall be conclusively presumed in any judicial action or proceeding the valid act and deed of DSHA. The presumptions set forth in this provision shall also apply to all bonds executed pursuant to § 4016 of this title. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4014. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4014. Liberal construction.

§ 4014. Liberal construction. Neither this chapter nor anything herein contained is or shall be construed as a restriction or limitation upon any powers which DSHA might otherwise have under any laws of this State, and this chapter is cumulative to any such powers. This chapter shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of bonds, notes and other obligations and refunding bonds under 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 for the construction and acquisition of any housing developments undertaken pursuant to this chapter need not comply with 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 therefor, except as to an issue of bonds subject to the requirements of § 4020 of this title relating to the Capital Reserve Fund, and the issuing officer of DSHA shall coordinate any other issuance with the state bond issuing officers. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4015. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4015. Audit of books and accounts.

§ 4015. Audit of books and accounts. The office of Auditor of Accounts shall cause an annual audit of the books and accounts of DSHA. The selection of the firm to perform the annual audit of the books and accounts of DSHA shall be mutually agreed upon by the office of the Auditor of Accounts and the Housing Director who shall consult and cooperate with each other in the selection, contract, employment and scope of professional services to be rendered, provisions in Chapter 29 of Title 29 notwithstanding. The audit shall be performed by a certified public accountant of recognized national standing and shall conform in all respects to the covenants contained in all bond resolutions entered into by DSHA for the benefit of its bondholders. DSHA shall transfer funds, as requested by the office of Auditor of Accounts, to cover the cost of the audit. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4016. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4016. Bonds.

§ 4016. Bonds. (a) DSHA may, with the approval of the issuing officer and subject to the authorization (if any) required by § 7402 of Title 29, issue bonds (including refunding bonds for the purpose of paying or retiring bonds previously issued by DSHA) from time to time in such amounts as it may deem advisable for any of its corporate purposes. DSHA may issue such types of bonds as it may determine, including bonds on which the principal and interest are payable:  (1) Exclusively from the income and revenues of any undertaking financed in whole or in part with the proceeds of such bonds; (2) Exclusively from the income and revenues of certain designated housing projects whether or not they were financed in whole or in part with the proceeds of such bonds; (3) From its revenues generally; or (4) By grants, subsidies or other payments from the federal government. Any of such bonds may be additionally secured by a pledge of any revenue or by a mortgage of any housing project, projects or other property of DSHA or any of its agents or designees. (b) Neither the issuing officer nor any person executing the bonds shall be liable personally on the bonds. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4018. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4018. Bonds as legal investments for institutions and fiduciaries and as legal deposit.

§ 4018. Bonds as legal investments for institutions and fiduciaries and as legal deposit. The bonds issued under the authority of this chapter are declared to be securities in which all state and municipal officers and administrative departments, boards and commissions of the State, all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business and all administrators, executors, guardians, trustees and other fiduciaries and all other persons whatsoever who now or may be authorized to invest in bonds or other obligations of this State, may properly and legally invest any funds, including capital belonging to them or within their control, and such bonds are declared securities which may properly and legally be deposited with and received by any state, county or municipal officer or agency of this State for any purpose for which the deposit of bonds or other obligations of this State is now or may hereafter be authorized by law. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4019. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4019. Credit of State not pledged.

§ 4019. Credit of State not pledged. (a) Bonds issued under this chapter shall be payable exclusively from the revenues and other funds of DSHA and shall contain the following statement on their face:  "The State of Delaware is not obligated to pay the principal of this bond nor the interest thereon, nor are the faith and credit of the State pledged to the payment of the principal of, or interest on, this bond." (b) The issuance of bonds under this chapter shall not directly or indirectly or contingently obligate the State to levy or pledge any form of taxation whatever therefor or to make any appropriation for their payment, and the bonds shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction; provided also that § 4020 of this title, relative to the Capital Reserve Fund, shall not be deemed to constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4022. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4022. Trust indenture.

§ 4022. Trust indenture. (a) At the discretion of the issuing officer each and any issue of such bonds may be secured by a trust indenture by and between the issuing officer and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or without this State. (b) Such trust indenture may pledge or assign the revenues of DSHA but shall not create a security interest in or convey or mortgage any real property owned, operated or maintained by DSHA. Either the resolution providing for the issuance of the bonds or such trust indenture may contain such provisions specifying, defining, protecting and enforcing the rights and not in violation of law, include covenants setting forth the duties of DSHA in relation to the acquisition, construction, improvement, maintenance, operation, repair and insurance of any facilities or additions thereto, and the custody, safeguarding and application of all moneys. (c) It shall be lawful for any bank or trust company incorporated under the laws of this State to act as such depository and to furnish such indenture bonds or to pledge such securities as may be required by DSHA. Such indenture may set forth the rights and remedies of the bondholders and of the trustee and may restrict the individual right of action of bondholders as is customary in trust indentures securing bonds and debentures of corporation. (d) In addition to the foregoing, such trust indenture may contain such other provisions as the issuing officer may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of such trust indenture may be treated as a part of the cost of maintenance, operation and repairs of any facility to which such indenture is related or may be paid out of the revenues of DSHA. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4023. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4023. Remedies of bondholders and trustees.

§ 4023. Remedies of bondholders and trustees. (a) Any holder of bonds issued under this chapter or any of the coupons attached thereto, and the trustee under the trust indenture, if any, except to the extent the rights given by this chapter may be restricted by resolution passed before the issuance of the bonds or by the trust indenture, may either at law or in equity by suit, action, mandamus or other proceedings protect and enforce any and all rights under the laws of the United States or of this State or granted under this chapter or under such resolution or trust indenture, and may enforce and compel performance of all duties required by this chapter, or by such resolution or trust indenture, to be performed by DSHA or any officer thereof, including the fixing, charging and collecting of fares or charges for the use of any facility operated by DSHA. (b) Such resolution or trust indenture may contain provisions under which any holder of such bonds or the trustee under such trust indenture shall be entitled to the appointment of a receiver in the event of a default, and any receiver so appointed shall have and be entitled to exercise all the rights and powers of DSHA with respect to the facilities operated or maintained by DSHA and all of the appropriate rights and powers of a receiver in equity. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4024. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4024. Moneys as trust funds.

§ 4024. Moneys as trust funds. All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or grants or other contributions from any person corporate or otherwise, or government, or as fees and revenues shall be deemed to be trust funds, to be held and applied solely as provided in this chapter. The issuing officer shall, in the resolution authorizing the issuance of bonds or in the trust indenture, provide for the payment of the proceeds of the sale of the bonds and the fees and revenues to be received, to any officer, agency, bank or trust company who shall act as trustee of such funds, and shall hold and apply the same to the purposes of this chapter, subject to such regulations as this chapter and such resolution or trust indenture may provide. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4025. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4025. Subordination of mortgage to agreement with government.

§ 4025. Subordination of mortgage to agreement with government. DSHA may agree in any mortgage made by it that such mortgage shall be subordinate to a contract for the supervision by a government of the operation and maintenance of the mortgaged property and the construction of improvements thereon. In such event, any purchase or purchasers at a sale of the property of DSHA pursuant to a foreclosure of such mortgage or any other remedy in connection therewith shall obtain title subject to such contract. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4026. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4026. Powers relative to purchase of and sale to financial institutions of mortgage loans; loans to mortgage lenders.

§ 4026. Powers relative to purchase of and sale to financial institutions of mortgage loans; loans to mortgage lenders. DSHA shall have all the powers necessary or convenient to carry out and effectuate the purposes of this chapter, including the following powers in addition to others herein granted:  (1) To invest in, purchase or to make commitments to purchase, and take assignments from mortgage lenders of notes and mortgages evidencing loans for the construction, rehabilitation, purchase, leasing or refinancing of housing for persons and families of low- and moderate-income in this State; (2) To make loans to mortgage lenders upon terms and conditions requiring the proceeds thereof to be used by such mortgage lenders for the making of new residential mortgages, upon the terms set forth in § 4027 of this title; (3) To make commitments to purchase, and to purchase, service and sell mortgages insured by any department, agency or instrumentality of the United States, and to make loans directly upon the security of any such mortgage; provided, that the underlying mortgage loans shall have been made and shall be continued to be used solely to finance or refinance the construction, rehabilitation, purchase or leasing of residential housing for persons and families of low- and moderate-income in this State; (4) To sell, at public or private sale, with or without public bidding, any mortgage or other obligation held by DSHA; (5) To enter into mortgage insurance agreements with mortgage lenders in connection with the lending of money by such institutions to persons and families of low- or moderate-income for the purchase of housing; (6) Subject to any agreement with bondholders or noteholders, to collect, enforce the collection of, and foreclose on any collateral securing its loans to mortgage lenders and acquire or take possession of such collateral and sell the same at public or private sale, with or without public bidding, and otherwise deal with such collateral as may be necessary to protect the interest of DSHA therein.71 Del. Laws, c. 357, §  6;
31 DE Code § 4027. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4027. Terms and conditions of the purchase and sale to financial institutions of mortgage loans; loans to mortgage lenders.

§ 4027. Terms and conditions of the purchase and sale to financial institutions of mortgage loans; loans to mortgage lenders. (a) DSHA shall from time to time adopt, modify, amend or repeal rules and regulations governing the making of such loans to mortgage lenders and the application of the proceeds thereof. Such rules and regulations shall be designed to effectuate the general purposes of this chapter and the following specific objectives:  1. The expansion of the supply of funds in the State available for new residential mortgages; 2. The provision of the additional housing needed to remedy the shortage of adequate housing in the State and eliminate the existence of a large number of substandard dwellings; and 3. The effective participation by mortgage lenders in the program authorized by this chapter and the restriction of the financial return and benefit thereto from such program to that necessary and reasonable to induce such participation. (b) All new residential mortgages made as required by this section shall comply with the applicable provisions of the laws of the State, and, where federal law or the law of another jurisdiction governs the affairs of the mortgage lender, shall comply with applicable provisions of such law. 71 Del. Laws, c. 357, §  6;
31 DE Code § 4028. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4028. Notification of application for Low Income Housing Tax Credit Program.

§ 4028. Notification of application for Low Income Housing Tax Credit Program. (a) Whenever a Low Income Housing Tax Credit Program application is submitted to the Delaware State Housing Authority, the Housing Director shall notify by certified and regular mail any state senators and representatives in whose districts any development project will be located. In addition, the Housing Director shall so notify the chief executive officer of any local government in whose jurisdiction any development project will be located. (b) Whenever a preliminary ranking of Low Income Housing Tax Credit Program applications is made by the Delaware State Housing Authority, the Housing Director shall notify by certified and regular mail any state senators and representatives in whose districts any development project will be located. In addition, the Housing Director shall so notify the chief executive officer of any local government in whose jurisdiction any development project will be located. 72 Del. Laws, c. 394, §  1;
31 DE Code § 4029. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter II. Delaware State Housing Authority|§ 4029. Korey Thompson Student Emergency Housing Assistance Fund.

§ 4029. Korey Thompson Student Emergency Housing Assistance Fund. (a) There is established the Korey Thompson Student Emergency Housing Assistance Fund for the benefit of college and university students experiencing homelessness or housing insecurity, referred to in this section as the “Fund.” DSHA shall oversee and administer all funds deposited in the Fund, including any funds appropriated by the State to the Fund, as well as any federal funds received from the American Rescue Plan or other COVID relief grants for this purpose. (b) The Fund must be used exclusively for the provision of housing assistance to individuals enrolled in an undergraduate program at any college or university in this State. (c) DSHA shall develop eligibility criteria, an application process, appropriate limitations on assistance, and a method of distribution. (d) DSHA shall report to the Governor and the General Assembly by December 1 of each year all expenditures made from the Fund, including an accounting of how many individuals were served and what institution each individual attended. No personal identifying information may be included in the report. 83 Del. Laws, c. 238, § 1;
31 DE Code § 4032. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter III. Housing Development Fund and Financing of Housing Developments|§ 4032. Power to supervise housing sponsors.

§ 4032. Power to supervise housing sponsors. DSHA shall have the power to supervise housing sponsors, including limited profit housing sponsors and their real and personal property, in the following respects:  (1) DSHA may prescribe uniform systems of accounts and records for housing sponsors and may require them to make reports and give answers to specific questions on such forms and at such times as may be necessary for the purposes of this chapter. (2) Through its agents or employees, DSHA may enter upon and inspect the lands, buildings and equipment of a housing sponsor, including all parts thereof, and may examine all books and records with reference to capital structure, income, expenditures and other payments of a housing sponsor. (3) DSHA may supervise the operation and maintenance of any housing development and may order such repairs as may be necessary to protect the public interest or the health, welfare or safety of the housing development occupants. (4) DSHA may fix, and alter from time to time, a schedule of rents and charges for any housing development. (5) DSHA may determine, for any housing development, standards for tenant selection by a housing sponsor. (6) DSHA may require any housing sponsor to pay to DSHA such fees as it may prescribe in connection with the examination, inspection, supervision, auditing or other regulations of the housing sponsor. (7) DSHA may order any housing sponsor to do, or to refrain from doing, such things as may be necessary to comply with the provisions of the law, the rules and regulations of DSHA, and the terms of any contract or agreement to which the housing sponsor may be a party. (8) DSHA may regulate the retirement of any capital investment or the redemption of stock where any such retirement or redemption, when added to any dividend or other distribution, shall exceed in any 1 fiscal year 10% of the original face amount of any investment by any housing sponsor. (9) DSHA may prescribe regulations specifying the categories of cost which shall be allowable in the construction or rehabilitation of a housing development. DSHA shall require any housing sponsor to certify the actual housing development costs upon completion of the housing development, subject to audit and determination by DSHA. Notwithstanding this subdivision, DSHA may accept, in lieu of any certification of housing development costs, as provided herein, such other assurances of the said housing development costs, in any form or manner whatsoever, as will enable DSHA to determine with reasonable accuracy the amount of said housing development costs.71 Del. Laws, c. 357, §  6;
31 DE Code § 4034. (2021)
2021 Delaware Code|Title 31 - Welfare|Chapter 40. The Delaware State Housing Authority|Subchapter III. Housing Development Fund and Financing of Housing Developments|§ 4034. Procedure prior to financing of housing developments undertaken by housing sponsors.

§ 4034. Procedure prior to financing of housing developments undertaken by housing sponsors. Notwithstanding any other provisions of this chapter, DSHA is not empowered to finance any housing development undertaken by a housing sponsor pursuant to §§ 4031, 4032 and 4033 of this title, unless prior to the financing of any housing development hereunder DSHA finds:  (1) That there exists a shortage of decent, safe and sanitary housing at rentals or prices which persons and families of low-income or moderate-income can afford within the general housing market area to be served by the proposed housing development; (2) That private enterprise and investment have been unable, without assistance, to provide the needed decent, safe and sanitary housing at rentals or prices which persons or families of low- and moderate-income can afford or to provide sufficient mortgage financing for residential housing for occupancy by such persons or families; (3) That the housing sponsor or limited-profit housing sponsor or sponsors undertaking the proposed housing development in this State will supply well-planned, well-designed housing for persons or families of low- and moderate-income and that such sponsors are financially responsible; (4) That the housing development to be assisted pursuant to this chapter will be of public use and will provide a public benefit; (5) That the housing development will be undertaken within the authority conferred by this chapter upon DSHA and the housing sponsor or sponsors.71 Del. Laws, c. 357, §  6;