™Your Policy Risk Impact Agent
110 chapters · 1,399 sections in this title.
Mich. Comp. Laws § 125.2721 Short title.
0.1K chars
Sec. 1. This act shall be known and may be cited as the "urban homesteading in multifamily public housing act".
Mich. Comp. Laws § 125.2722 Definitions.
2.0K chars
Sec. 2. As used in this act: (a) "Applicant" means an individual and the spouse of that individual if that spouse intends to occupy the property with the individual. (b) "Homestead agreement" means a written contract between a resident organization or successor entity and a quali…
Mich. Comp. Laws § 125.2723 Urban homestead program in multifamily public housing; availability of property to qualified buyers; resolution; appeals process to applicants and buyers.
0.6K chars
Sec. 3. By resolution, and subject to federal and state law, a local governmental unit may authorize a housing commission within that local governmental unit to operate an urban homestead program in multifamily public housing to administer a homesteading program that makes multif…
Mich. Comp. Laws § 125.2724 Acquisition of housing project by resident organization; conditions; payment of fees and operation subsidies; management training and counseling; application for grant funds.
1.0K chars
Sec. 4. (1) A resident organization in a housing project that contracts with a housing commission to manage the housing project shall acquire the housing project after not less than 5 years if the resident organization successfully manages the housing project and each member of t…