35 Pa. Stat. § 1667

Current through Pa Acts 2024-35, 2024-56
Section 1667 - Grant limitations

Pursuant to section 4(a) of this act, the department shall make no capital grant for any housing project, which shall exceed thirty-five per cent of its land acquisition, development, construction and preoccupancy cost, as finally ascertained by the department.

Any capital grants made under this act shall be strictly limited to the amounts and percentage of total cost necessary in the determination of the department to accomplish the purposes of this act.

35 P.S. § 1667

1949, May 20, P.L. 1633, § 7. Reenacted and amended 1956, April 12, P.L. (1955) 1449, No. 477, § 3.