Terms Used In 12 Guam Code Ann. § 5109

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Subject to such requirements as the Federal Government may impose with respect to federally aided low-rent housing projects, which shall in any event prevail, the Authority, in the operation and management of low-rent housing projects, shall observe the following criteria:

(a) (1) It may rent or lease the dwelling accommodations in a housing project only to families who lack the amount of income deemed necessary by the Authority to enable them, without financial assistance, to secure decent, safe, and sanitary dwellings, within the area of operation of the Authority, and to provide an adequate standard of living for themselves.

(A) The Authority shall charge rentals which it determines to be within the financial reach of such families.

COL4122017
12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 5 GUAM HOUSING AND URBAN RENEWAL AUTHORITY

(B) In the selection process, the Authority shall provide a preference for any veteran, as that term is defined in 16
GCA § 7120.2(b)(1), who is also the named applicant in
any application for public housing.

(2) The preference established by this Subsection shall be cumulative with any other preference allowed by the Authority for which the applicant qualifies, so that veterans have priority over non-service members and non-veterans within each preference category.

(b) Nothing contained in § 5108 or in Subsection (a) of this Section shall limit the power of the Authority to vest in an obligee of the Authority the right, in the event of a default by the Authority, to take possession of a housing project or cause the appointment of a receiver thereof, free from all the restrictions imposed therein.

SOURCE: GC § 13908. Subsection (a) amended by P.L. 33-201:2 (Dec. 15,
2016).

2017 NOTE: Subitem designations added pursuant to the authority of 1 Guam Code Ann. § 1606.

2013 NOTE: Pursuant to the authority granted by 1 Guam Code Ann. § 1606, numbers and/or letters were altered to adhere to the Compiler’s alpha-numeric scheme.