MCL ch. 125, subtit. Act 346 of 1966, ch. 3

in effect

MCL 125.1451 Definitions.

125.1451. Definitions. Sec. 51. (1) The definitions in section 11 shall apply to this chapter, unless otherwise provided in this chapter. (2) As used in this chapter: (a) "Low and moderate income housing" means housing financed by bond issues authorized under this act, by federally-aided mortgages as defined in section 11(c), or by other programs directed toward providing housing within the financial means of low and moderate income families as the authority shall determine. (b) "Probable aggregate annual income" means the total annual income of the chief wage earner or supporter of the family, plus the income of secondary wage earners in excess of $1,200.00 per year and the income of minors in excess of $800.00 per year, but excluding completely the income of college students. (c) "Carrying charges" or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments. (d) "Housing charges" means monthly rentals or carrying charges, and includes estimated or actual expenditures for heat, light, water, cooking fuel, and other utilities, and other reasonable expenditures which the authority determines to be a part of housing charges. (e) "Shelter rent" means the rental or carrying charges established for occupancy in housing projects, exclusive of payments for taxes and charges for heat, light, water, cooking fuel, and other necessary utilities. (f) "Low income persons" means those persons designated as "low income persons" by the authority under section 22(o). 1966, Act 346, Eff. Mar. 10, 1967; Am. 1979, Act 49, Imd. Eff. July 7, 1979 [Compiler] For transfer of Michigan state housing development authority from Michigan strategic fund to department of talent and economic development, see E.R.O. No. 2014-6, compiled at MCL 125.1995.

MCL 125.1452 Low and moderate income housing; dwelling units to certain low income persons and families.

125.1452. Low and moderate income housing; dwelling units to certain low income persons and families. Sec. 52. The authority may provide that up to 25% of the dwelling units in any development providing low and moderate income housing under federal, state or local government programs be made available to low income families and persons whose probable aggregate yearly income is less than 4 times as large as the regular yearly housing charges for such dwelling units. The dwelling units shall be made available to these families and persons at monthly rental payments or carrying charges so that yearly housing charges do not exceed 25% of the probable aggregate yearly income of such persons or families. The authority is authorized to contract with sponsors or owners of housing developments for up to 3,750 such units during the fiscal year ending June 30, 1967. 1966, Act 346, Eff. Mar. 10, 1967

MCL 125.1453 Low income housing; criteria for determination of occupant eligibility; rental charges.

125.1453. Low income housing; criteria for determination of occupant eligibility; rental charges. Sec. 53. For purposes of carrying out the provisions of this chapter, the authority shall establish criteria and procedures for determining the eligibility of occupants and rental or carrying charges, including criteria and procedures with respect to periodic review of occupant incomes and periodic adjustment of rental or carrying charges. 1966, Act 346, Eff. Mar. 10, 1967; Am. 1970, Act 129, Imd. Eff. July 29, 1970

MCL 125.1454 Low and moderate income housing; agreements for services of selection of eligible families and individuals.

125.1454. Low and moderate income housing; agreements for services of selection of eligible families and individuals. Sec. 54. The authority may enter into agreements, or authorize housing owners or sponsors to enter into agreements, with public or private agencies for services required in the selection of families and individuals who qualify under this chapter. 1966, Act 346, Eff. Mar. 10, 1967

MCL 125.1455 Low and moderate income housing; rights of persons or families benefited.

125.1455. Low and moderate income housing; rights of persons or families benefited. Sec. 55. The authority shall provide that low income families or persons benefiting under this chapter shall have the same rights, privileges and duties as other residents, except that no member of a cooperative, upon the resale of his membership in the cooperative, shall be reimbursed for any equity increment accumulated as a result of payments under this chapter. The authority shall endeavor to guarantee that knowledge of the special circumstances of such low income families is not divulged to other residents. 1966, Act 346, Eff. Mar. 10, 1967

MCL 125.1456 Low and moderate income housing; financing for small scale housing developments.

125.1456. Low and moderate income housing; financing for small scale housing developments. Sec. 56. 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. 1966, Act 346, Eff. Mar. 10, 1967

MCL 125.1457 Appropriation.

125.1457. Appropriation. Sec. 57. There is hereby appropriated $5,000.00 from the general fund for the fiscal year ending June 30, 1967 for the administration of this act. 1966, Act 346, Eff. Mar. 10, 1967

Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/documents/mcl/Chapter%20125.xmlFetched: 10/20/2026