Section 154. Control of rentals on authority projects  


Latest version.
  • Subject to the terms
      of  any  loan  or  subsidy  contract with a government, the power to fix
      rents on a project  shall  rest  exclusively  with  the  authority.  But
      nothing  in this chapter shall prevent an authority or municipality from
      establishing, in  addition  to  all  other  operation  and  depreciation
      reserve  funds,  a reserve fund, or funds which may be applied in aid of
      the construction, operation or maintenance of  other  projects  of  such
      authority or municipality.