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Terms Used In Michigan Laws 125.1456

  • Authority: means the Michigan state housing development authority created in this act. See Michigan Laws 125.1411
     In special circumstances where the authority deems it appropriate in order to accomplish the purposes of this act, the authority may provide the necessary financing for small scale housing developments built primarily for low income families and individuals eligible for lower rentals or carrying charges under this chapter, and may waive the requirement that no more than 25% of the dwelling units in any particular project may be made available to low income families under this section.