Section 36-7-18-18 - Property management; acquisition, ownership, and disposition of property A housing authority may:
(1) lease or rent any land, buildings, structures, or facilities included in a housing project;(2) fix the rentals or charges for property it rents or leases;(3) own, hold, and improve real or personal property;(4) acquire any interest in real or personal property in any manner, including the power of eminent domain;(5) dispose of any interest in real or personal property in any manner;(6) provide for the insurance of the property or operations of the authority against risks or hazards; and(7) obtain from the federal government insurance or guarantees for the payment of any debts secured by mortgages on property included in a housing project, whether or not those debts were incurred by the authority.Pre-Local Government Recodification Citations: 18-4-8-5 part; 18-7-11-8(d).
As added by Acts1981 , P.L. 309, SEC.37. Amended by P.L. 344-1987, SEC.6.