reglab/housing_qa huggingface dataset:
NH Rev Stat § 204-C:37 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:37 - Trust Agreements.

    204-C:37 Trust Agreements. –||In the discretion of the authority, any bonds issued under the provisions of this chapter may be secured by a trust agreement by and between the authority and a corporate trustee or trustees, which may be any trust company or bank having the powers of a trust company within or outside of the state. Such trust agreement or the resolution providing for the issuance of such bonds may pledge or assign the revenues to be received or proceeds of any mortgage or mortgages pledged and may convey or mortgage the assets of the authority or any portion of such assets. Such trust agreement or resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders and of the trustee or trustees, and may restrict the individual right of action by bondholders. Any such trust agreement or resolution may contain such other provisions as the authority may deem reasonable and proper for the security of the bondholders. All expenses incurred in carrying out such trust agreement or resolution may be treated as a part of the cost of the operation of the authority.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:38 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:38 - Validity of Signatures.

    204-C:38 Validity of Signatures. –||In case any of the members, executive director or officers of the authority whose signatures appear on any notes or bonds or coupons shall cease to be such members, executive director or officers before the delivery of such notes or bonds, such signatures shall, nevertheless, be valid and sufficient for all purposes, the same as if such members, executive director or officers had remained in office until such delivery.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:39 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:39 - Validity of Obligations.

    204-C:39 Validity of Obligations. –||In any suit, action or proceedings involving the validity or enforceability of any bond or note of the authority or the security for such bond or note, any such bond or note reciting in substance that it has been issued by the authority to aid in financing housing to provide dwelling accommodations for eligible persons and families shall be conclusively deemed to have been issued for housing of such character and said housing shall be conclusively deemed to have been planned, located and constructed in accordance with this chapter.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:41 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:41 - Requests for Appropriations.

    204-C:41 Requests for Appropriations. –||I. To assure the continued operation and solvency of the authority for the carrying out of its corporate purposes, the chairperson of the authority shall, not later than the twentieth legislative day of each session of the general court, submit to the chairperson of the house finance committee a written request for an appropriation for the sum, if any, required to insure that the bond reserve funds established under RSA 204-C:40 equal the bond reserve fund requirement. All sums appropriated by the general court, if any, paid to the authority pursuant to this section shall be deposited by the authority in the bond reserve fund.||II. All amounts paid over to the authority by the state pursuant to this section shall constitute and be accounted for as advances by the state to the authority and, subject to the rights of the holders of any bonds or notes of the authority theretofore or thereafter issued, shall be repaid to the state without interest from all available operating revenues of the authority in excess of amounts required for the payment of obligations of the authority, the bond reserve funds and operating expenses.|||Source. 1981, 466:2. 1995, 9:25, eff. June 11, 1995.|
NH Rev Stat § 204-C:42 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:42 - Remedies of Bondholders and Noteholders.

    204-C:42 Remedies of Bondholders and Noteholders. –||Any holder of notes or bonds issued under this chapter or any of the coupons appertaining to such notes or bonds, and the trustee or trustees under any trust agreement, except to the extent the rights herein given may be restricted by any resolution authorizing the issuance of, or any such trust agreement securing such bonds, may, either at law or in equity, by suit, action, mandamus or other proceedings, protect and encourage any and all rights under the laws of the state or granted hereunder or under such resolution or trust agreement, and may enforce and compel the performance of all duties required by this chapter or by such resolution or trust agreement to be performed by the authority or by any officer, employee or agent of the authority, including the fixing, charging and collecting of the rates, rents, fees and charges herein authorized and required by the provisions of such resolution or trust agreement to be fixed, established and collected.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:43 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:43 - Alteration of Rights of Bondholders and Noteholders.

    204-C:43 Alteration of Rights of Bondholders and Noteholders. –||The state does hereby pledge to and agree with the holders of any notes or bonds issued under this chapter that the state shall not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the said holders of such notes or bonds or in any way impair the rights and remedies of such holders until such notes and bonds, together with the interest on them, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of such 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 such notes or bonds.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:44 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:44 - Credit of State Not Pledged.

    204-C:44 Credit of State Not Pledged. –||Obligations issued under this chapter shall not be deemed to constitute a debt or liability or obligation of the state or of any political subdivision of the state, or a pledge of the faith and credit of the state or of any political subdivision of the state, but shall be payable solely from the revenues or assets of the authority. All such obligations issued under this chapter shall contain on their face a statement to the effect that the authority shall not be obligated to pay the same nor the interest on such obligations except from the revenues or assets pledged for them and that neither the faith and credit nor the taxing power of the state or of any political subdivision of the state is pledged to the payment of the principal of or the interest on such notes and bonds. The issuance of obligations under this chapter shall not directly or indirectly or contingently obligate the state or any political subdivision of the state to levy or to pledge any form of taxation whatever for such obligations or to make any appropriation for their payment.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:45 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:45 - Obligations as Legal Investments.

    204-C:45 Obligations as Legal Investments. –||The obligations of the authority shall be legal investments in which all public officers and public bodies and authorities of the state, its political subdivisions, all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, banking institutions including savings and loan associations, building and loan associations, trust companies, savings banks and savings associations, credit unions, investment companies and other persons carrying on a banking business, all administrators, guardians, executors, trustees and other fiduciaries, and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds, notes or in other state obligations, may properly and legally invest funds, including capital, in their control or belonging to them. Such obligations of the authority are also hereby made securities which may properly and legally be deposited with and received by all public officers and public bodies of the state or any agency or political subdivision of the state and all municipalities and public corporations for any purpose for which the deposit of bonds, notes or other state obligations is now or may hereafter be authorized by law and shall be eligible as collateral with respect to deposits of state moneys, if any, required to be collateralized. This section shall apply notwithstanding any restrictions on investments contained in other laws.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:46 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:46 - Audit and Annual Reports.

    204-C:46 Audit and Annual Reports. –||On or before November 1 annually, the authority shall submit a detailed annual report of its operations and a complete financial audit for the preceding fiscal year to the governor, the executive council, the speaker of the house of representatives, the senate president, the house finance committee, the senate finance committee, and the state library. The audit shall be performed by an independent certified public accountant selected by the authority and conducted in accordance with generally accepted accounting principles. The annual report shall:||I. Provide a complete operating and financial statement of the authority during the previous fiscal year;||II. Identify all housing projects funded during the last fiscal year, including their location, scope, and status; and||III. Describe the authority's progress in increasing housing for the elderly.|||Source. 1981, 466:2. 1985, 399:3, I, eff. July 1, 1985. 2015, 16:2, eff. July 4, 2015.|
NH Rev Stat § 204-C:47 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:47 - Biennial Housing Plan.

    204-C:47 Biennial Housing Plan. –||The authority shall prepare on or before January 1, 1983, and update biennially thereafter a state housing plan to address the housing needs of persons of low and middle income. The plan shall be submitted to the governor and council, the speaker of the house and the president of the senate for review and comment.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:48 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:48 - Authorization to Accept State Money.

    204-C:48 Authorization to Accept State Money. –||The authority is authorized to accept such moneys as may be appropriated from time to time by the legislature for carrying out its corporate purpose. The authority shall repay the state all sums which are appropriated to the authority for organizational purposes in 5 annual installments, beginning with the fifth year after the receipt of such funds.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:49 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:49 - Tax Exemption.

    204-C:49 Tax Exemption. –||I. The exercise of the powers granted by this chapter shall be in all respects for the benefit of the people of the state, for their well being and prosperity and for the improvement of their social and economic conditions, and the authority shall not be required to pay any tax or assessment on any property owned by the authority under the provisions of this chapter or upon the income from such property; nor shall the authority be required to pay any recording fee or transfer tax of any kind on account of instruments recorded by it or on its behalf. Any obligations issued by the authority under this chapter, their transfer, and the income from such obligations, including any profits made on their sale shall at all times be free from taxation by the state or any political subdivision of the state, excepting inheritance, estate and gift taxes.||II. The authority may covenant and consent that the interest on certain of its bonds shall be includable, under the Internal Revenue Code of 1954 or any subsequent corresponding internal revenue law of the United States, in the gross income of the holders of the bonds to the same extent and in the same manner that the interest on bills, bonds, notes or other obligations of the United States is includable in the gross income of the holders thereof under said Internal Revenue Code or any such subsequent law. The powers herein conferred shall be in addition to the powers conferred by any other law and such powers shall not be subject to the limitations or restrictions of any other law, but nothing contained herein shall be construed to covenant or consent, or to authorize any covenant or consent, to the application of any other provision of any other law, federal or state, to the authority or to such bonds, notes, or other obligations, or to the elimination or modification in any way of any other exemption, including without limitation exemption from taxation under RSA 204-C:49, I, privilege, or immunity thereof.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:50 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:50 - Statutory Construction.

    204-C:50 Statutory Construction. –||This chapter shall not be construed as a restriction or limitation upon any powers which the authority might otherwise have under laws of the state, and this chapter is cumulative to such powers. This chapter does and shall be construed to provide a complete, additional and alternative method for the doing of the things authorized in said chapter and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of obligations of the authority under this chapter need not comply with the requirements of any other state law applicable to the issuance of bonds, notes and other obligations. Contracts for the acquisition, construction or rehabilitation of any housing undertaken under this chapter need not comply with any other state law applicable to contracts for the construction and acquisition of state owned property and shall be exempt from the provisions of RSA 228. No proceedings, notice or approval shall be required for the issuance of any obligations of the authority or any instrument as security for such obligations, except as is provided in this chapter.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:51 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:51 - Local Laws and Taxes.

    204-C:51 Local Laws and Taxes. –||I. All multi-family housing financed under this chapter shall be subject to the planning, zoning, sanitary and building laws, ordinances and regulations applicable in the municipality in which such multi-family housing is situated. In the planning and location of any multi-family housing, the authority shall take into consideration the relationship of such multi-family housing to any larger plan or long-range program for the development of any such municipality.||II. With the consent of the local governing body of such municipality, the authority may require the eligible mortgagor to enter into an agreement between such municipality and the authority pursuant to which the multi-family housing financed by the authority shall be exempt from local real estate taxes, and the eligible mortgagor shall be required to make payments in lieu of taxes to the state or any political subdivision of the state as the authority finds consistent with the maintenance of the character of such multi-family housing which is occupied by elderly and low income persons and families and for the achievement of the other purposes of this chapter.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:52 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:52 - Relation to Other Agencies.

    204-C:52 Relation to Other Agencies. –||The financial and administrative operations of the authority shall be exempt from the rules of any department, commission, board, bureau or agency of the state except to the extent and in the manner provided in this chapter.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:53 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:53 - Exemption from Administrative Procedure Act.

    204-C:53 Exemption from Administrative Procedure Act. –||The authority shall be exempt from the provisions of RSA 541-A and may adopt rules in accordance with its own procedures. The authority shall file in the office of legislative services a copy of all existing rules adopted by the authority. Any rule adopted after the effective date of this section or any amendment or repeal of any existing rule shall be filed in the office of legislative services within 7 days of such adoption, amendment or repeal.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:54 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:54 - Separability.

    204-C:54 Separability. –||If any clause, sentence, paragraph, section or part of this chapter shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, section or part thereof directly involved in the controversy in which such judgment shall have been rendered.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:55 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:55 - Inconsistent Provisions in Other Laws Superseded.

    204-C:55 Inconsistent Provisions in Other Laws Superseded. –||Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, general or special, the provisions of this chapter shall be controlling.|||Source. 1981, 466:2, eff. July 1, 1981.|
NH Rev Stat § 204-C:57-a, 204-C:57-b (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:57-a, 204-C:57-b - Repealed by 1994, 386:13, I, as amended by 1995, 306:8, eff. July 1, 1996.

    204-C:57-a, 204-C:57-b Repealed by 1994, 386:13, I, as amended by 1995, 306:8, eff. July 1, 1996. –|
NH Rev Stat § 204-C:58 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:58 - Oversight of Projects.

    204-C:58 Oversight of Projects. –||During the course of construction or rehabilitation of housing in any approved project, it shall be the duty of the authority to render technical assistance to the entity undertaking the project and to oversee the process so as to assure that it is completed in accordance with design specifications, on schedule and within budgetary limits. In case any such project appears to be deviating from specifications, schedule or budget, the authority shall have the option of terminating the project, continuing the project subject to such conditions as appear to the authority to be in the public interest, or condoning the deviations if the authority concludes that they are acceptable. If the authority determines that the entity in charge of the project is not competent to carry the project forward but that the project is still worth completing, it may oust the entity and complete the project through such other means and agents and under such financial conditions as it determines to be in the public interest.|||Source. 1988, 240:5, eff. July 1, 1988.|
NH Rev Stat § 204-C:59 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:59 - Capitalization of Fund.

    204-C:59 Capitalization of Fund. –||The affordable housing fund shall be capitalized with donations, transfers, set asides, or appropriations authorized by law, including, but not limited to:||I. Fees paid to the authority from the development of qualified residential rental projects financed by bonds issued under section 142(d) of the Internal Revenue Code of 1986, as amended, including projects in operation as of July 1, 1988, provided, however, that the authority may also allocate such fees as matching funds for federal housing programs such as the Home Investment Partnership Program as established by the National Affordable Housing Act of 1990.||II. Repayment of loans made by the fund.||III. Voluntary donations from private persons and entities.|||Source. 1988, 240:5. 1992, 289:32, eff. June 17, 1992.|
NH Rev Stat § 204-C:60 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:60 - Investments of Funds.

    204-C:60 Investments of Funds. –||Moneys deposited in the fund may be invested by the authority; provided, however, that sufficient funds are made available to grant applications for emergency assistance and the routine flow of regular applications. Income earned from such investment shall be returned to the affordable housing fund; provided, however, that the authority may use up to 8.4 percent of any such investment income to defray the costs of administering this subdivision.|||Source. 1988, 240:5, eff. July 1, 1988.|
NH Rev Stat § 204-C:61 (2021)
2021 New Hampshire Revised Statutes|Title XVII - Housing and Redevelopment|Title 204-C - Housing Finance Authority|Section 204-C:61 - Role of Authority Concerning Funds.

    204-C:61 Role of Authority Concerning Funds. –||The fund shall supplement, not supplant, the responsibility of the authority to address the housing needs of persons of low and moderate income.|||Source. 1988, 240:5, eff. July 1, 1988.|