(1) County housing authorities and regional housing authorities are specifically empowered and authorized to borrow money, accept grants, and exercise their other powers to provide housing for farmers of low income.
(2) In connection with these projects, the housing authorities may enter into such leases or purchase agreements, accept such conveyances, and rent or sell dwellings forming part of the projects to or for farmers of low income, as such housing authorities deem necessary in order to assure the achievement of the objectives of this subchapter.
(3) The leases, agreements, or conveyances may include such covenants as the housing authority deems appropriate regarding the dwellings and the tracts of land described in any such instrument. These covenants shall be deemed to run with the land where the housing authority deems it necessary and where the parties to the instrument so stipulate.
(4) In providing housing for farmers of low income, county housing authorities and regional housing authorities shall not be subject to tenant selection limitations provided in § 14-169-237.
(5) Nothing contained in this section shall be construed as limiting any other powers of any housing authority.