(1)    There is established under the jurisdiction and control of the authority a revolving fund to be known as the “housing development fund”.

   (2)   There shall be paid into the housing development fund:

      (a)    Any moneys which the authority receives as interest on or in repayment of temporary loans made from the housing development fund;

      (b)    Any moneys transferred by the authority to the housing development fund from other funds or sources; and

      (c)    Any other moneys which may be made available to the authority for the purpose of the housing development fund from any other source.